"Super Micro's $2 Billion Share Sale Struggles and Delays"

1 min read
Source: Bloomberg
"Super Micro's $2 Billion Share Sale Struggles and Delays"
Photo: Bloomberg
TL;DR

Super Micro Computer Inc. plans to sell 2 million shares of common stock in a public offering, aiming to raise up to $2 billion after its stock surged nearly 1,000% in the past year, reaching a $56 billion market cap and earning a spot in the S&P 500 Index.

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