Intel stocks collapse at WS after dismissal plan declared


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Yemen News Agency SABA
Intel stocks collapse at WS after dismissal plan declared
[03/ August/2024]
NEW YORK August 03. 2024 (Saba) -The U.S. Intel company's stocks incurred a 28% collapse at Wall Street on Friday after the group declared a massive plan to fire more than 15% of its staff by the end of this year.

Consequently, the American giant lost more than US$ 30 billion of its market value, as its share value declined to 20.95 (from some 49) dollars.


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resource : Saba