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Intel CEO Lip-Bu Tan buys $9.7 million in shares following stock plunge

The Motley Fool +1 · ·by G4L

INTC Intel Corp
$62.50 +7.52%
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  1. 1Intel shares plummeted 29% on October 30.
  2. 2CEO Lip-Bu Tan purchased 150,000 shares on November 2.
  3. 3Lip-Bu Tan's average purchase price on November 2 was approximately $64.73 per share.

So what's the key point?

Intel's stock price dropped sharply by 29 percent. CEO Lip-Bu Tan purchased shares at $64.73.

Source The Motley Fool +1 · View original ↗

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