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Analyst explains why Intel stock is down despite market-beating quarterly results

Analyst explains why Intel stock is down despite market-beating quarterly results

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Intel Corp (NASDAQ: INTC) stock slipped about 4% in after-hours trading on Thursday as the company reported market-beating quarterly results, but its future guidance came in only marginally above the Wall Street expectations. Financial performance Intel reported $5.06 billion of net income in the fiscal second quarter that translates to $1.24 per share.

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