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Intel (INTC) Stock: The CEO Spent $10M and Is Already Underwater

By Trader Edge at 2026-09-10 02:03

Sentiment: Positive

TLDR Intel CEO Lip-Bu Tan bought 105,263 shares at $95 each on August 11, totalling roughly $10 million through a family trust. Intel’s stock has since fallen below $95, with INTC opening at $89.51 on September 1. Intel raised around $23 billion through a massive equity offering of 242.1 million shares, priced at $95 each. [...] The post Intel (INTC) Stock: The CEO Spent $10M and Is Already Underwater appeared first on CoinCentral. Continue reading...

Categories: Stocks

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