Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Intel Corporation (INTC)
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations:
intc.com/investor-relations/default.aspx
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Source: GlobeNewswire
NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased securities of Intel Corporation (“Intel” or the “Company”) (NASDAQ: INTC) between January 25, 2024 and April 25, 2024, inclusive (the “Class Period”). The Complaint alleges that Defendants failed to disclose to investors that: (i) the growth of Intel Foundry Services (“IFS”) was not indicative of revenue growth reportable under the Internal Foundry (“Foundry”) segment; (ii) the Foundry experienced significant operating losses in 2023; (iii) the Foundry experienced a decline in product profit driven by lower internal revenue; and (iv) as a result the Foundry model would not be a strong tailwind to the Company’s IFS strategy. On April 25, 2024, after the markets closed, Intel released its first quarter 2024 financial results,
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- SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Intel Corporation - INTCPR Newswire
- ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Intel Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – INTCGlobeNewswire
- Intel Corporation to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
- Intel Corporation to Participate in Upcoming Investor ConferencesBusiness Wire
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- 5/10/24 - Form 4
- 5/10/24 - Form 4
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