Intel shares on pace for biggest plunge since 2008 after disappointing revenue forecast
https://www.cnbc.com/2019/04/26/intel-shares-down-more-than-10percent-on-revenue-forecast.html
Intel is headed for its biggest drop since 2008 since the company released disappointing full-year revenue guidance on Thursday, sending shares plummeting more than 10%.
Despite reporting better-than-expected earnings, shares fell after it reported a weak revenue forecast for 2019. The company expects sales to total $69 billion for the year, $2.05 billion below expectations.