India, May 19 -- Shares of SiTime Corporation (SITM) are dropping about 4 percent in Tuesday morning trading after the company announced its plan to launch $1.1 billion offering of Convertible Senior Notes due in 2031.The company's stock is currently trading at $690.63, down 4.82 percent or $34.97, over the previous close of $725.59 on the Nasdaq. It has traded between $186.49 and $901.81 in the past one year.The ...
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