Intel Stock Slips Despite Q1 Beat, Q2 Forecast Disappoints – Wall Street Pit

Intel Stock Slips Despite Q1 Beat, Q2 Forecast Disappoints – Wall Street Pit

  • Intel’s (INTC) shares fell over 5% to $20.39 in after-hours trading after forecasting second-quarter revenue of $11.2 billion to $12.4 billion, below Wall Street’s $12.8 billion expectation, despite beating Q1 estimates.
  • First-quarter…

Article Source
https://wallstreetpit.com/126332-intel-stock-slips-despite-q1-beat-q2-forecast-disappoints/