Intel Drops 7%: Lots of Capex and a Little Hope, Says Street
Posted on January 18, 2013 at 12:52 PM EST
Shares of Intel (INTC) are down $1.52, or almost 7%, at $21.16 after the company yesterday reported Q4 revenue that was in line with analysts’ estimates, beat on the bottom line by a few pennies, and offered an outlook for this quarter and the year that was slightly less than expected. The stock had originally [...]