(EMAILWIRE.COM, November 20, 2009 ) Dallas, TX – Intel Corporation (NASDAQ:INTC) fell 4.08% to end the day at $19.30 after Bank of America/ML downgraded the stock from Buy to Neutral. The price target on INTC was lowered from $27 to $21.50. Intel Corporation is a semiconductor chip maker. The Company is engaged in developing advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications.
Micron Technology, Inc. (NYSE:MU) plunged 4.81% to close at $7.12. So far this year, the stock is up over 170%. Micron Technology, Inc. is a global manufacturer and marketer of semiconductor devices, principally dynamic random access memory (DRAM) and Nandi Flash memory (NAND). In addition, the Company manufactures complementary metal-oxide semiconductor (CMOS) image sensor products under a wafer foundry arrangement.
SanDisk Corporation (NASDAQ:SNDK) decreased 4.91% to close at $20.12. So far this year, the stock has rallied over 110%. SanDisk Corporation (SanDisk) is engaged in designing, developing and manufacturing products and solutions in a range of form factors using the flash memory, controller and firmware technologies. The card products are used in a range of consumer electronics devices, such as mobile phones, digital cameras, gaming devices and laptop computers.
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