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Super Micro Computer, a technology firm known for AI servers, has surged in value over the past two years, joining the S&P 500 with a market cap of $60 billion. The company is offering 2 million shares of common stock, aiming to raise around $2 billion.
SUPER MICRO $SMCI JUST ANNOUNCED PLANS GO SELL 2 MILLION ADDITIONAL SHARES OF COMMON STOCK SUPER MICRO SAID TO OFFER SHARES AT $900-$1,000.68 EACH $SMCI is currently down more than 10% in todays pre market trading https://t.co/8cUlfeNzw0
Super Micro Computer $SMCI has fallen 10% in pre-market trading after announcing plans for a proposed $2M public offering. This follows SMCI officially being added to the S&P 500 index yesterday. #Stocks https://t.co/nnhWL5CcTF
The issuance has begun $SMCI https://t.co/7Vb4zm212O