How Intel Stock Falls To $10
Summary by Forbes
3 Articles
3 Articles
CWEB Business News Intel Projects Strong Q3 Revenue Despite Stock Drop Over Restructuring Plans
Intel (NASDAQ: INTC) delivered an optimistic third-quarter revenue forecast after reporting better-than-expected Q2 sales, but investor sentiment turned negative as the company revealed major cost-cutting measures and financial write-downs. The stock tumbled nearly 9% during intraday trading Friday as the market reacted to the mixed earnings report. In Q2, Intel posted an adjusted loss […]
Coverage Details
Total News Sources3
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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