Why These 5 Stocks Trended This Week

3. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 65

Intel Corporation (NASDAQ:INTC) fell over 6.3% this week and neared a muli-year low as semiconductor sentiment remained bearish. With a slowing economy, demand for products that use Intel Corporation (NASDAQ:INTC)’s semiconductors might not be as strong as previously expected. In other news, Intel Corporation (NASDAQ:INTC) also trended after Bloomberg reported Intel’s Mobileye self driving tech business has filed for an IPO.