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Why Intel Stock Is Plummeting Today
IntelIntel(US:INTC) The Motley Foolยท2024-01-26 16:18

Intel (INTC -10.89%) stock is sinking in Friday's trading. The semiconductor company's share price was down 11.3% as of 10:30 a.m. ET, according to data from S&P Global Market Intelligence.Intel published its fourth-quarter report after the market closed yesterday, and it actually delivered sales and earnings for the period that came in ahead of the market's expectations. But the company issued forward guidance that spooked Wall Street, and the stock is getting hammered in today's daily session.With soft Q1 ...