Accessibility Menu
 
Arrow-Thin-Down
S&P 500
6,816.89
-0.1%
-7.77
Arrow-Thin-Down
DJI
47,916.57
-0.6%
-269.23
Arrow-Thin-Down
NASDAQ
22,902.89
+0.4%
+80.48
Arrow-Thin-Down
Bitcoin
$70,620.00
-3.4%
-$2,495.81
Arrow-Thin-Down
AMZN
$238.43
+2.0%
+$4.78
Arrow-Thin-Down
GOOG
$315.70
-0.2%
-$0.67
Arrow-Thin-Down
META
$629.75
+0.2%
+$1.36
Arrow-Thin-Down
MSFT
$370.82
-0.6%
-$2.25
Arrow-Thin-Down
NVDA
$188.67
+2.6%
+$4.76
Arrow-Thin-Down
TSLA
$348.95
+1.0%
+$3.33
Most Active StocksDaily Stock GainersDaily Stock Losers

Why Is Intel "Selling" Mobileye Right Now?

It's time for a much-needed cash injection.

By Neil Rozenbaum – Jun 6, 2023 at 10:15AM EST

In this video, I will explain why Intel (INTC +1.05%) is selling 35 million shares of Mobileye and what it means for shareholders.

*Stock prices used were from the trading day of June 5, 2023. The video was published on June 6, 2023.

Read Next

Neil Rozenbaum has positions in Intel. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Intel Stock Quote
Intel
NASDAQ: INTC
$62.37
(+1.05%)+$0.65
Mobileye Global Stock Quote
Mobileye Global
NASDAQ: MBLY
$7.24
(+0.42%)+$0.03

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services