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Intel faces securities fraud investigation after Q3 earnings miss and stock plunge.

Market News
11 Nov 2026, 01:01 WIB
GlobeNewsWire
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Bearish
Intel faces securities fraud investigation after Q3 earnings miss and stock plunge.

Pomerantz LLP is investigating Intel Corporation for potential securities fraud following Intel's Q3 2026 financial results, which showed weaker than expected revenue and earnings guidance. Intel's forecast for Q4 revenue and earnings fell short of analyst estimates, causing its stock to drop nearly 29%. The investigation will determine if Intel or its executives engaged in unlawful business practices. Investors affected are encouraged to contact Pomerantz LLP for potential class action participation.

Intel Corporation shares are trading at USD 58.48 on Pluang, down 1.50% in the past day. The stock has a market cap of $315.55 billion and shows a strong buy interest with 77% of orders being buys as of Nov 11, 2026 06:21 WIB.

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