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
21,40 €
-0,19 %
Die Community bevorzugt leicht Intel Corp., mit etwas mehr Buy- (31) als Sell-Einschätzungen (12).
Für Intel Corp. sieht die Community ein Kursziel von 38 €, was eine erhebliche Steigerung um über 50% gegenüber dem aktuellen Kurs von 21.4 € bedeutet.
