Intel's data center business just grew almost 80% in a year. Its outlook for the fourth quarter is sending the stock toward one of its worst days in half a century, erasing more than $100 billion in market value Friday. Intel (INTC) stock fell as much as 26% Friday after the chipmaker's forecast for the final three months of the year came in well short of Wall Street's expectations. Only two days in Intel's history were worse, according to Yahoo Finance calculations from Norgate Data closing prices going back to May 1973. The stock fell nearly 30% on July 5, 1974, and about 26% on Aug. 2, 2024. A close below about $68 would top the 2024 drop and make Friday the worst day since 1974. Below about $64.50, it would be the worst on record.
Nous affichons publiquement l'idee principale. Creez un compte gratuit pour lire l'article complet, l'enregistrer, le commenter et le relier au contexte marches et OSINT.