Intel Shares Plunge 29% to About $65
Intel shares fell 29% on Friday to about $65, their worst one-day performance since an unspecified period. Analysts advised caution, with no clear consensus on when the company may regain momentum.
Should investors take advantage of the plunge in Intel to pick up shares?Many Wall Street analysts advise staying on the sidelines, with no clear consensus on when Intel may regain momentum.The stock took a massive hit on Friday, declining 29% to about $65 a share, its worst one-day performance sin…