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Opinicus Capital Buys Intel Shares After $20B Offering Priced

Intel logoIntel
Sig3.40Sen+1.85Env0.00Soc0.00Gov0.00

Opinicus Capital Inc. bought 10,121 Intel shares worth about $1.41M, raising its holding to 230 shares (~$32K). Intel stock rose 3.6%. The chipmaker’s quarterly revenue was up 25.2% year over year, analysts forecast $1.01 EPS for the year, and a $20B upsized offering was priced at $95 per share, likely cutting near-term EPS by 4%–5%.

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