Why Are SMART (SGH) Shares Soaring Today

By Yahoo! Finance | Jul 16, 2024 at 01:08 PM EST

SMART Global Holdings (NASDAQ: SGH) saw an 8.9% surge in pre-market trading following a $200 million preferred equity investment from SK Telecom. Although concerns about dilution led to a 5.6% drop, recent earnings beat estimates, showing positive growth potential for investors.

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