Intel Faces Wall Street Pessimism After Q4 Earnings

By | January 17, 2014

Scalper1 News

Wall Street turned pessimistic on Intel ‘s (INTC) prospects after the chipmaker late Thursday delivered mixed results for Q4 and projected no growth in revenue or profit margins for 2014. Intel stock was down 3%, near 25.75, in afternoon trading in the stock market today. The Santa Clara, Calif.-based company delivered slightly better-than-expected fourth-quarter sales, but missed earnings by a penny a share, as IBD reported. Sterne Agee analyst Scalper1 News

Scalper1 News