Intel's $90 Billion Wipeout Sparks 20% Crash In These ETFs
Intel stock erased a $90 billion rally, sending LINT and INTW ETFs down more than 20% and highlighting the risks of leveraged investing.
Intel's stock fell sharply, which made some special Intel-focused funds drop 20%. This shows how funds that use borrowed money to bet on one company can swing extra hard when that company has problems.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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