Intel Plummets, Reddit Sinks | Stock Movers
On this episode of Stock Movers: - Intel (INTC) is in the red this morning after revenue forecast missed analysts' estimates, hurt by demand for PC processors and supply-chain problems with data center components. - Reddit (RDDT) shares are sinking on plans to limit access to its online forums to get users to register for accounts and deepen engagement. Reddit executives are willing to sacrifice…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
