$Intel(INTC)$ Intel stock recently hit a new 52-week low as tech stocks have been hit hard due to a gloomy market outlook. Most high-beta technology stocks have plummeted recently due to a fear of yield curve inversion, which is a leading recession indicator. In addition, risk-aversion is causing all kinds of problems, causing many new market participants to run for the hills as a bear market emerges, subsequently causing the market to overshoot to the downside.
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