Intel and 2 Stocks Taking a Licking on the DJIA
The Dow Jones Industrial Average (NYSEARCA:DIA) is down 0.25% and stands at 12,015. These stocks are weighing on the index.
Intel Corporation (NASDAQ:INTC): Intel got good news today as Google (NASDAQ:GOOG) released a version of Android that supports the x86 chip architecture used for Intel’s PC CPUs (Androids have thus far relied on ARM-based (NASDAQ:ARMH) chips). So far, mobile device makers have been hesitant to support x86 chips, but as 9to5 Google notes, the software remains a work-in-progress. INTC shares recently traded at $24.50, down $0.41, or 1.65%. Its market capitalization is $124.75 billion. They have traded in a 52-week range of $19.16 to $25.50. Volume today was 19,928,648 shares versus a 3-month average volume of 63,446,900 shares. The company’s trailing P/E is 10.61, while trailing earnings are $2.31 per share.
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Microsoft Corporation (NASDAQ:MSFT): Google Chrome (NASDAQ:GOOG) becomes the world’s #2 web browser a month earlier than anticipated, surpassing Mozilla’s Firefox, according to StatCounter. The firm estimates Chrome’s browser share climbed to 25.7% (up 1230 bps Y/Y), while Firefox’s fell to 25.2% (down 600 bps). Microsoft’s (NASDAQ:MSFT) Internet Explorer share rose slightly M/M to 40.6%, but fell 760 bps Y/Y. MSFT shares recently traded at $25.27, down $0.31, or 1.21%. Its market capitalization is $212.58 billion. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 14,337,186 shares versus a 3-month average volume of 56,258,300 shares. The company’s trailing P/E is 9.19, while trailing earnings are $2.75 per share.
Bank of America Corporation (NYSE:BAC): The pressure piles up on already troubled stocks this month as individual investors can now sell investments held in taxable accounts in order to realize capital losses both long- and short-term, a KBW report states. BAC shares recently traded at $5.35, down $0.09, or 1.65%. Its market capitalization is $54.23 billion. They have traded in a 52-week range of $5.03 to $15.31. Volume today was 97,173,141 shares versus a 3-month average volume of 270,527,000 shares. The company’s trailing earnings are $-0.31 per share.