$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.
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How do you view the stock offering?
Will SMCI dip more this week?
What's your target price for SMCI?