$SUPER MICRO COMPUTER INC(SMCI)$ As I’m watching the pre market I can only imagine the huge pop once all the legit financial outlets release this great news. I’m hoping for 57 by the end of the week or early next week. Then 70 and above. This is a HUGE DEAL FOR SMCI.
SMCI Offers $2B Notes: Is -10% Overreaction?
SMCI announced that it intends to offer, subject to market conditions and other factors, $2.0 billion aggregate principal amount of convertible senior notes due 2030 (the “Convertible Notes”).
The stock dips 10%.
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