Intel Stock has Dropped on Guidance, But the Future Is Bullish
Intel Corporation (NASDAQ:INTC) reported nine percent higher revenues for its third quarter of this year. But even as revenues of $15.8 billion were flying, as were just about all indicators of performance, Intel stock dropped. What could account for investors' trend-defeating reaction? The question is most relevant, as Intel didn't merely post good results; it beat the most-optimistic expectations.
Perhaps Intel stock had already absorbed the potential upside; it gained.
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Intel Corporation (NASDAQ:INTC) reported nine percent higher revenues for its third quarter of this year. But even as revenues of $15.8 billion were flying, as were just about all indicators of performance, Intel stock dropped. What could account for investors' trend-defeating reaction? The question is most relevant, as Intel didn't merely post good results; it beat the most-optimistic expectations.
Perhaps Intel stock had already absorbed the potential upside; it gained.
Den vollständigen Artikel lesen ...