Why Intel bStock Is Falling After Intel Announces $15 Billion Share Offering
Intel bStock came under selling pressure on Monday after the chipmaker announced a proposed $15 billion public offering of additional common shares, raising concerns about dilution and the supply of new Intel stock entering the market. In an early Binance market snapshot reviewed by The Crypto Basic, Intel bStock (INTCB) was trading at $97.69, down 4.46% over 24 hours.
This content is automatically aggregated. Full credit goes to the original publisher (thecryptobasic.com).
