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Intel Feeds the Bear

Stock quotes in this article: INTC , AMD  

Updated from Jan. 15

SAN FRANCISCO -- Intel(INTC Quote) grew its bottom line 51% in the fourth quarter and raised its profit margin to the highest level in two years.

But with Wall Street gripped by economic anxiety, Intel's lackluster financial forecast Tuesday afternoon trumped the good news and triggered a sharp selloff in the company's shares.

Intel's stock plunged 13% to $19.82 in premarket trading Wednesday. ...

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