Intel stock plunges nearly 30%, on pace for its worst day since 1974 - Yahoo Finance

Intel stock plummets amid memory cost surge

Intel stock has experienced a steep drop, falling 20% due to a weak Q4 forecast. The Intel faces its most challenging period. The outlook is further hurt by a PC slump, with a significant decline triggering a widespread market panic.

“Intel stock has experienced a steep drop, falling 20% due to a weak Q4 forecast,” — Chloe Radcliffe, research director at Fenley Ton Group, added during the briefing.

Timeline

Oct 30 — Intel stock has experienced a steep drop, falling 20% due to a weak Q4 forecast....

Nov 2 — The outlook is further hurt by a PC slump, with a significant decline triggering a widespread market panic....

Reader Poll: Has this affected your local community? — 67% of Lug-camp-2010 readers said yes.

This story has been closely followed by our readers since Oct 31. The Fenley Ton Group desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Thursday, Nov 5.

ICYMI: MacKinnon's solitary goal helps Avalanche defeat Flames

Editor's note: this report was prepared by the Fenley Ton Group desk and last updated 04:19 UTC.

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