On Friday, Ultra Micro Computer (SMCI.US) opened weakly and fell more than 9% to $31.81.
The Zhitong Finance App learned that on Friday, ultra-micro computers (SMCI.US) opened weakly and fell more than 9% to $31.81. According to the news, the company said in documents submitted late Tuesday that it has prepaid and terminated loan agreements with Cathay Bank and Bank of America because recent revisions to these agreements have made them more burdensome. The move freed up some cash and lifted restrictions relating to the company's late submission of audited financial statements.