Intel (INTC) said in a regulatory filing on Tuesday that it sold its 1.18M shares in Arm (ARM) during the second quarter, which, based on the stock’s average price in Q2, would have raised roughly $147M for the company.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTC:
- ‘This Quarter Is Crucial,’ Says Investor About Intel Stock
- Intel’s (NASDAQ:INTC) Next Desktop Processor Emerges, Shares Surge
- Intel (NASDAQ:INTC) Rolls Out New Voluntary Severance Packages in Ireland
- Notable open interest changes for August 12th
- Nvidia or Intel: Rick Schafer Chooses the Superior AI Stock to Buy