Intel CEO Doubles Down at Lower Price

Intel CEO Lip-Bu Tan bought 150,000 shares of $INTC for about $9.7 million on November 2, paying $64.73 each in an open-market purchase disclosed in a SEC filing. In August, Tan paid $95.00 a share for a similar $10 million stake. The CEO is now buying at a price roughly 32% below the August purchase, adding shares as Intel stock fell through the fall.