Banking Turmoil

Companies, Big Investors Sell Shares at Fastest Rate in Years

There have been more than $24 billion of ‘follow-on’ share sales since the end of April, boosted by the rebound in stocks

Intel this month sold more than $1.6 billion of stock in former unit Mobileye. Photo: JEENAH MOON/REUTERS

Companies and their largest investors are selling shares at a pace not seen in years as stock prices rebound.

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