Stocks to Watch: Hasbro, KLA, Intel
January 26 2023 - 7:37PM
Dow Jones News
Sabela Ojea
Hasbro Inc. on Thursday said it is reducing its workforce by
about 15% after posting a 17% decline in revenue in its latest
quarter. Shares dropped 7.1% in after-hours trading.
KLA Corp. delivered third-quarter revenue guidance that came in
below analysts expectations, according to FactSet. Shares of the
chip equipment supplier plunged 6.1% in after-hours trading.
Intel Corp. missed Wall Street's targets for sales and earnings
in the fourth quarter. Shares dived 9.7% in after-hours
trading.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
January 26, 2023 19:22 ET (00:22 GMT)
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