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Intel shareholdersCNBC
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Intel CEO Pat Gelsinger said he respects the skepticism he's seeing from the market regarding the company's turnaround efforts.
The company's stock price plunged 26% following its quarterly earnings report earlier this month , its worst day on Wall Street in over 50 years .
CNBC reported on Friday that the company has engaged advisors including Morgan Stanley to fend off activist investor scrutiny.
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