Intel shares fall sharply after weak Q4 forecast despite earnings beat

Intel stock reportedly plunged about 20% as a weak fourth-quarter forecast overshadowed an earnings beat, per Yahoo Finance Australia. Reuters gives a different figure, a 14% drop, and ties it to an Israel factory blast and PC weakness.

Timeline

1. 29 Oct, 22:10 UTCFirst appeared on Google Trends
2. 29 Oct, 22:10 UTCYahoo Finance Australia reports 20% plunge
3. 29 Oct, 22:10 UTCReuters reports 14% drop, cites factory blast

Top sources

• intel stockGoogle Trends
• Intel plunges 20% as weak Q4 forecast overshadows earnings beatYahoo Finance Australia
• Intel shares drop 14% on Israel factory blast, PC weaknessReuters