XPEV - Intel XPeng And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session | Benzinga
U.S. stock futures were lower this morning, with the Nasdaq futures falling by around 0.2% on Wednesday.
Shares of Intel Corporation (NASDAQ: INTC) fell sharply in today’s pre-market trading after the company outlined a new financial framework for its foundry business.
After the market close on Tuesday, Intel announced a new financial reporting structure designed to drive increased cost discipline and higher returns by providing greater transparency, accountability and incentives across the business.
Intel shares dipped 4.8% to $41.85 in pre-market trading.