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Why Intel stock fell 16% even after beating expectations

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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 postWhy Intel stock fell 16% even after beating expectationsappeared first onRolling Out.

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