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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

Super Micro (SMCI) Jumps 8.8%, Tracks AI Rally

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
Nutrition label

79% Informative

Super Micro Computer jumped by 8.8 percent on Wednesday to close at $ 46.61 apiece.

The company announced plans to raise $2 billion in fresh funds through the issuance of convertible senior notes.

The notes will have a tenor of 5 years and will not bear regular interest, and the principal amount will not accrete.

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formal

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English

Language complexity

50

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Time-value

short-lived

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1

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