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Intel Corporation

Company NameIntel Corporation
Stock SymbolINTC

On January 2, 2018, news media reported that a significant design flaw in Intel's processor chips could allow malicious software to read protected areas of a device's kernel memory, causing  Intel’s processor chips to be “vulnerable to hackers” and  “raises concerns about the company’s main products and brand." The Register reported that the operating system updates necessary to address the vulnerability would likely result in "a ballpark figure of five to 30 percent slow down, depending on the task and the processor model," for Intel-based computing devices.

On this news, shares of Intel fell $1.85, or 3.94%, to close at $45.00 on January 3, 2018, thereby injuring investors. 

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