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FX.co ★ Super Micro Computer Down In Pre-market; Sets Public Offering Of 2 Mln Shares

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typeContent_19130:::2024-03-19T14:07:00

Super Micro Computer Down In Pre-market; Sets Public Offering Of 2 Mln Shares

The stocks of Super Micro Computer, Inc., a company excelling in delivering high-performance server and storage solutions, experienced a fall of over 10 percent in the pre-market, reaching 1,000.68, on a Tuesday. The fall came after the company publicized its plans for the proposed public offering of 2 million shares.

Goldman Sachs & Co. LLC has been announced as the underwriter and book-running manager in charge of this offering. Super Micro Computer Inc.'s shares ended Monday at $1,000.68, evidencing a 6.38 percent drop. Over the past year, their stocks have fluctuated within a range of $93.19 to $1,229.00.

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