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Business

Intel's stock throws itself against the biggest one-day of 11 years




Shares of Intel Corp.

INTC, -9.95%

doubled 9.6% in morning trading Friday, jeopardizing them the biggest one-off departure of nearly 11 years after the chip maker had a disappointing profit First quarter adjusted earnings that topped expectations. The stock was the largest decliner in the Dow Jones Industrial Average

DJIA, + 0.12%

S & P 500

SPX, + 0.1[ads1]4%

Nasdaq 100 Index

NDX, -0.30%

PHLX Semiconductor Index

SOX, -1.52%

and SPDR Technology Select Sector ETF



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