Intel Plunges 29% on Weak Q4 Guidance

Intel Corporation (INTC) sank almost 29% on Friday after the semiconductor giant's fourth-quarter guidance came in well below Wall Street expectations, overshadowing a solid third-quarter beat. Shares ended at $65.76, down $26.31 from the prior close Volume surged t

Intel Corporation (INTC) sank almost 29% on Friday after the semiconductor giant’s fourth-quarter guidance came in well below Wall Street expectations, overshadowing a solid third-quarter beat.

Shares ended at $65.76, down $26.31 from the prior close

Volume surged to nearly 399 million shares, more than

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