Thread regarding Intel Corp. layoffs

Are Intel going to be kicked out S&P 500 soon?

Anyone knows at what price it will be delisted?

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| 932 views | | 4 replies (last August 2, 2024) | Reply
Post ID: @OP+1tNeOdxg

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Intel stock was in the low teens in the late 2008/early 2009 time frame and de-listing was never discussed. When you hit $10 a lot of funds will sell the stock that is their threshold.

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Post ID: @1plr+1tNeOdxg

Maybe the dow

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Post ID: @1ukt+1tNeOdxg

I don't think there is a hard price minimum requirement for listing in the S&P 500, but at the current price of $23.50 or so, that's well above any minimum.

You really only get removed from the S&P 500 if your market capitalization drops well below the top 500 companies that are US primary listed.

Market cap after today's after hours drop will be in the $100 billion range, which means INTC is about the 100th largest US-listed company.

The bottom handful of stocks in the S&P 500 are in the market cap range of 6-7 billion. So you really only need to worry about INTC being dropped from the S&P 500 if the stock drops to about $1.65 a share or below.

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Post ID: @1fqb+1tNeOdxg

1$

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Post ID: @rgj+1tNeOdxg

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