After the interference caused by the $SUPER MICRO COMPUTER INC(SMCI)$ capital increase on March 19th, the overall sentiment of chip stocks has declined. As the leading company with GTC support, $NVIDIA Corp(NVDA)$ has not only avoided falling but rebounded, although the IV has also dropped significantly; even $Advanced Micro Devices(AMD)$ has turned negative skewness. Currently, only meme stocks like $SoundHound AI Inc(SOUN)$ are maintaining positive sentiment, while others are experiencing a downturn. However, when the market is left with only speculative sentiment, it often tends to reach its peak in the short term. Fig
$2M Stock Offering Drags SMCI Down to $850?
Super Micro stock fell 9% to close at 910.97 after the data center specialist announced a new stock offering. The company said it plans to sell 2 million additional shares of common stock, pushing its total shares outstanding to more than 58.5 million. ------------ How do you view the stock offering? Will SMCI dip more this week? What's your target price for SMCI?
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