Why Intel stock fell 16% even after beating expectations
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Summary
Intel shares plunged roughly 16% in after hours trading Thursday, even though the chipmaker beat Wall Street’s expectations on both revenue and earnings for the third quarter. What Intel’s Q3 numbers actually showed Intel reported third quarter revenue of $16.5 billion, up 21% from $13.7 billion a year earlier, topping the $16.47 billion estimate analysts […] The post Why Intel stock fell 16% even after beating expectations appeared first on Rolling Out .
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