@vibrato

The trader bought $700,000 worth of Intel shares a couple of hours before the collapse A Reddit user reported that he purchased $700,000 worth of Intel shares, which he inherited from his grandmother. The next day, shares fell almost 30% (the biggest drop since 1982). The company announced layoffs of 15% of its workforce, suspended dividend payments and lowered revenue forecasts. It is noteworthy that over the past six months, Intel shares have lost more than half their value.

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