HPQ and Dell Shares Fall After Intel Flags Prolonged PC Weakness
HPQ fell 7.4% in the overnight session after Intel forecast a prolonged slowdown in PC sales; HPQ had already dropped nearly 2% in the regular session.
Shares of computer makers HP Inc. (HPQ) and Dell Technologies (DELL) fell hard after chipmaker Intel Corp. (INTC) forecast a prolonged slowdown in personal-computer sales.HPQ dropped 7.4% in the overnight session following Intel’s report, after a nearly 2% drop in the regular session. DELL shares f…