Krzanich Unloaded Intel Corporation Stock Before Meltdown And Spectre

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Krzanich Unloaded Intel Corporation Stock Before Meltdown And Spectre
By The original uploader was VD64992 at English Wikipedia [Public domain], via Wikimedia Commons

Intel Corporation (NASDAQ:INTC)’s stock slide slowed on Thursday as it came to light that the Meltdown and Spectre vulnerabilities probably impacted chip designs by other companies as well. Analysts also helped do damage control for the chip maker, but unfortunately for CEO Brian Krzanich, the timing of his sale of millions of shares of Intel stock is being questioned.

Krzanich unloads Intel stock

Regulatory filings with the Securities and Exchange Commission reveal that he sold $24 million worth of Intel stock in late November, which was after his company knew about the vulnerabilities but before outsiders knew about