Quote post: @Barchart on Intel CEO Lip-Bu Tan buying $9.7M of INTC (paid about 32% less than his August buy)
Intel CEO Lip-Bu Tan bought $9.7M of stock on Nov 2, the first trading day after its worst drop since 1974.
He paid $64.73 a share, about 32% below his $95 August buy. I think adding while that first lot is underwater says more than any guidance. Not financial advice
https://x.com/Barchart/status/2119578268667941111
Sources: Intel Form 4: 150,000 shares bought Nov 2 at $64.7312 weighted average · Ctech: second ~$10M buy, first trading day after the steepest drop since 1974; Aug 11 buy at $95 · 24/7 Wall St via Yahoo: $9,709,680 purchase; Aug 11 lot 105,263 shares at $95; worst day since 1974
Not financial advice. For informational and educational purposes only.