Mar 20, 05:55 PM

Super Micro Computer Delays Share Sale Pricing, Prices Offering at $875/Share, Stock Slides 5%

Super Micro Computer delayed the pricing of the sale of 2 million shares to after the market closes. The company priced the offering at $875 per share, expecting to raise $1.75 billion in gross proceeds. Despite the pricing, the stock slid 5% after the announcement.

#Super Micro Computer

Written with ChatGPT (GPT-3).

Sources

Theta Warrior@ThetaWarrior
2 years ago
$SMCI Sweeper Alert 🧹 https://t.co/zo7T0dHIcg
Reuters@Reuters
2 years ago
Super Micro's shares drop after pricing stock offering at discount https://t.co/V2Z2jKTEG0 https://t.co/g6xgmPaCQM
PiQ@PiQSuite
2 years ago
⚠️ SUPER MICRO'S SHARES DROP AFTER PRICING STOCK OFFERING AT DISCOUNT Full Story → https://t.co/xPIpdFqfJ7 Super Micro Computer's shares fell 5% on Wednesday after the AI server maker announced the pricing of its public stock offering, selling the shares at a discount to… https://t.co/Y0UIqKicqz

Super Micro Computer Delays Share Sale Pricing, Prices Offering at $875/Share, Stock Slides 5%

Sources

Additional media

Similar Stories