Intel Stock: One Thing Stands Between It and Another 11% Decline
The stock is down more than 11% this afternoon on what’s looking like Intel’s highest-volume session since January.
With the stock’s post-earnings decline, the shares are within pennies of making new 2021 lows.
While Intel beat on earnings expectations, revenue results disappointed investors. Further, the company’s outlook was a disappointment as well.
Given the reaction…