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HPQ, DELL Stocks Plunge After Intel Flags Prolonged PC Market Weakness

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HPQ, DELL Stocks Plunge After Intel Flags Prolonged PC Market Weakness

Shares of HP and Dell fell over 7% after Intel’s quarterly report.

Directly affected

  • HPQ Hp-12.7% 30d

    Named in this report.

  • DELL Dell Technologies-26.3% 30d

    Named in this report.

  • INTC Intel-46.0% 30d

    Named in this report.

Indirectly affected

  • DIA SPDR Dow Jones Industrial Average ETF-1.1% 30d

    SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.

  • QQQ Invesco QQQ-2.0% 30d

    Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.

  • XLK Technology Select Sector SPDR+9.4% 15d

    Technology Select Sector SPDR holds the technology sector that Dell Technologies belongs to, so it often moves with news about it.

  • AAPL Apple+1.4% 30d

    Apple is a peer of Dell Technologies in electronic computers; rivals often move on the same news.

  • SMCI Super Micro Computer-18.3% 30d

    Super Micro Computer is a peer of Dell Technologies in electronic computers; rivals often move on the same news.

  • CSCO Cisco Systems-6.2% 30d

    Cisco Systems is a large technology company like Dell Technologies; big names in a sector often move together.

  • PANW Palo Alto Networks-1.6% 30d

    Palo Alto Networks is a large technology company like Dell Technologies; big names in a sector often move together.

  • IBM International Business Machines

    International Business Machines is a large technology company like Dell Technologies; big names in a sector often move together.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
HPQNo price data for this ticker———————
DELLNo price data for this ticker———————
INTC-5.56%+1.81%base-28.56%-35.22%after closeafter close
DIANo price data for this ticker———————
QQQ-1.57%+0.81%base-3.48%-4.74%after closeafter close
XLKNo price data for this ticker———————
AAPLNo price data for this ticker———————
SMCINo price data for this ticker———————
CSCONo price data for this ticker———————
PANWNo price data for this ticker———————
IBMNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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HPQ, DELL Stocks Plunge After Intel Flags Prolonged PC Market Weakness Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
INTCthat day-28.56%final price
INTCthe next day-35.22%final price
INTCthree days earlier+1.81%final price
INTCfive days earlier-5.56%final price
QQQthat day-3.48%final price
QQQthe next day-4.74%final price
QQQthree days earlier+0.81%final price
QQQfive days earlier-1.57%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“HPQ, DELL Stocks Plunge After Intel Flags Prolonged PC Market Weakness” scores 12 out of 100. The score uses 1 sources.