Why Intel Stock Was Sliding Today
Shares of Intel (NASDAQ: INTC) were moving lower today after the chipmaker revealed in a filing that it's losing billions of dollars in its foundry business.
Intel had not previously disclosed those losses in such detail, and the update showed significant challenges in a business that many believe could be a growth opportunity for the company.
As of 11:12 a.m. ET, the stock was down 6.7% on the news.
Source Fool.com
Intel Corp. Aktie
85,58 €
-2,15 %
Leichtes Buy-Übergewicht bei der Intel Corp. Aktie mit 46 zu 24 Einschätzungen.
Das niedrigere Kursziel von 70 € im Vergleich zum aktuellen Kurs von 85.58 € für Intel Corp. führt zu einem negativen Potenzial von -18.21%.
