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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Intel Corporation (INTC) Investors

Intel Corporation (INTC)  More Company Research Source: Business Wire
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Intel Corporation (“Intel” or the “Company”) (NASDAQ: INTC) securities between January 25, 2024 and April 25, 2024, inclusive (the “Class Period”). Intel investors have until July 2, 2024 to file a lead plaintiff motion.If you are a shareholder who suffered a loss, click here to participate.On April 2, 2024, after the markets closed, Intel issued a press release which disclosed a retrospective revision of the Company’s financial results under the new Foundry model reporting structure, revealing that the Foundry segment experienced an operating loss of $7 billion on sales of $18.9 billion in 2023, that Foundry revenue in 2023 was $18.9 billion down $8.6 billion from 2022, that the segment’s operating loss included a $2.1 million in lower product profit driven by lower internal revenue.On this news, [Read more]
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Stockreport

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Intel Corporation (INTC) Investors

Intel Corporation  (INTC) 
More Company Research Source: Business Wire
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Intel Corporation (“Intel” or the “Company”) (NASDAQ: INTC) securities between January 25, 2024 and April 25, 2024, inclusive (the “Class Period”). Intel investors have until July 2, 2024 to file a lead plaintiff motion.If you are a shareholder who suffered a loss, click here to participate.On April 2, 2024, after the markets closed, Intel issued a press release which disclosed a retrospective revision of the Company’s financial results under the new Foundry model reporting structure, revealing that the Foundry segment experienced an operating loss of $7 billion on sales of $18.9 billion in 2023, that Foundry revenue in 2023 was $18.9 billion down $8.6 billion from 2022, that the segment’s operating loss included a $2.1 million in lower product profit driven by lower internal revenue.On this news, [Read more]
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