Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again

Intel stock fell again Wednesday prompting an industry analyst to accuse the chipmaker's board of badly mishandling the sudden exit of CEO Pat Gelsinger.The shares had rallied early Monday when news of Gelsinger's departure, signaling possible positive change at the struggling technology giant. But then the shares started falling, and were down for the third straight day on Wednesday. Industry analyst Patrick Moorhead, CEO of Moor Insights & Strategy, blasted the Intel board for the way they handled Gelsing ...