AMSC has been in the news 1250% more than usual
Jun 11, 2025, 6:31 PM
8.05%
What does AMSC do
American Superconductor, based in Devens, Massachusetts, provides megawatt-scale power solutions through its Gridtec, Marinetec, and Windtec segments, enhancing power grid performance and reducing wind energy costs. The company employs 337 people and offers various products, including electric control systems and renewable interconnectivity solutions.
AMSC has been in the news recently: American Superconductor Corporation (AMSC) reported a significant drop in its stock shares following the announcement of a public offering of 4,125,000 shares at $28 each, aiming to raise approximately $115.5 million. Despite this, the company has shown robust performance with a reported 15% increase in revenue this quarter, driven by strong sales in its new product line.
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