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Filing: Intel sold its 1.18M shares in Arm during Q2, which would have raised $147M for the company, based on the stock's average price in the q


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2024-08-14 08:17:32
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Cybersecurity Business

Ian King / Bloomberg:

Filing: Intel sold its 1.18M shares in Arm during Q2, which would have raised ~$147M for the company, based on the stock's average price in the quarter  —  Intel Corp., which is slashing jobs and expenses in a bid to turn around the business, sold its holdings in chip technology creator Arm Holdings Plc during the second quarter.




Ian King / Bloomberg:

Filing: Intel sold its 1.18M shares in Arm during Q2, which would have raised ~$147M for the company, based on the stock's average price in the quarter  —  Intel Corp., which is slashing jobs and expenses in a bid to turn around the business, sold its holdings in chip technology creator Arm Holdings Plc during the second quarter.



Source: TechMeme
Source Link: http://www.techmeme.com/240813/p42#a240813p42


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