StockWatch: AT&T Earnings Up, but Stocks Drop!
AT&T posted a big quarter of subscriber gains, but shares were slightly down as some questioned the company’s growth.
Intel shares fell more than 8% in extended trading on a weaker-than-expected sales report.
The company blamed an industry-wide component shortage for its PC chip business shrinking by 2% during the quarter.
What other companies will be affected by this global chip shortage?
Timestamps:
- T 02:00
- INTC 03:55