Ingram Micro slides as Platinum affiliate launches $330M secondary stock sale
INGM•Ingram Micro shares fell after its principal stockholder launched a $330 million secondary offering on May 5, 2026, increasing expected share supply. Ingram Micro also plans to repurchase at least $30 million of stock in the deal, but it will not receive offering proceeds.
1. What’s moving the stock
Ingram Micro Holding Corporation (INGM) is down today after announcing that its principal stockholder, Ingram Holdco (an affiliate of Platinum Equity), has commenced a $330 million secondary offering of common stock. Secondary offerings typically pressure shares because they add near-term supply and are often priced at a discount to the prior close. (ir.ingrammicro.com)
