**Stock Offering Fallout:** Super Micro Computer (SMCI) Shares Plummet After Pricing New Stock Sale
San Jose, California – Super Micro Computer shares took a tumble on Wednesday as the data center specialist announced the pricing for its upcoming stock offering. The company disclosed plans to sell 2 million additional shares of common stock at a price of $875 each, which will increase its total shares outstanding to over 58.5 million. The stock fell 2.4% in premarket trading to $888.79 following the news, after dropping by 9% the day before …