:max_bytes(150000):strip_icc()/GettyImages-2211018478-c692533f5a454593820a578b7db1bc09.jpg?w=1200&resize=1200,0&ssl=1 "Intel Slumps on a Soft Outlook. Wall Street Is Waiting To See Its Turnaround Take Shape.")
Key Takeaways
- Intel shares plunged Friday after the company’s quarterly revenue forecast missed analysts’ expectations.
- Jefferies analysts said they plan to “sit on the sidelines” while new CEO Lip-Bu Tan’s turnaround plan develops.
- Bank of…
Article Source
https://www.investopedia.com/intel-slumps-on-a-soft-outlook-wall-street-is-waiting-to-see-its-turnaround-take-shape-11722154
