Investors have struggled to shield themselves from the broad downward trend in the stock market this year, as high inflation and rising interest rates have sent share prices tumbling. Anthony Di Pizio (Redfin): Real estate stocks may be among the least appealing investments you can hold when interest rates are rocketing higher. Read More...
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Intel’s Newest Director Buys Big Block of Stock
On the heels of Intel CEO buying the company’s stock, the chip giant’s newest director also scooped up shares. Lip-Bu Tan, who joined Intel’s (ticker: INTC) board on Sept. 1, paid $1.35 million on Nov. 8 for 48,146 shares, an average price of $27.98 per share, according to filing with the Securities and Exchange Commission. Tan now owns 50,500 Intel shares in a personal account.
