Super Micro Stock Jumped 49% in 3 Days. Why Shares Are Slumping.
Super Micro Computer was slipping early Tuesday after an impressive run higher. The server maker has been rising sharply since it said it had appointed a new auditor and had a plan to submit earnings and prevent its delisting.
Super Micro Computer Inc (SMCI) Stock: Understanding Its Underlying Value
On Tuesday, Super Micro Computer Inc (SMCI) stock saw a decline, ending the day at $34.43 which represents a decrease of $-3.98 or -10.36% from the prior close of $38.41. The stock opened at $37.59 and touched a low of $34.
Is Super Micro Computer a Millionaire-Maker Stock?
When I think about stocks with millionaire-maker potential, I typically envision fast-growing companies with small valuations -- two characteristics Super Micro Computer (NASDAQ: SMCI) has in spades.
Super Micro Computer Stock Popped Again Today. Is It Time to Buy?
Shares of Super Micro Computer (NASDAQ: SMCI), the once high-flying artificial intelligence (AI) server stock, were back on the move again today. After plunging over a period of several weeks over concerns that began with a short-seller attack and a delay in its 10-K filing,
Is Super Micro Stock A Buy Now?
Super Micro has engaged BDO as its auditor, replacing Ernst & Young, which resigned in October after it raised concerns regarding the company’s financial statements.
Super Micro’s stock had a historic week — but it’s still 70% off its highs
There were various positive developments for Super Micro this week, beyond the news that the company has a new auditor.
Super Micro Computer Ends Loan Agreements for Flexibility
Super Micro Computer, Inc. has fully prepaid and terminated its loan agreements with Cathay Bank and Bank of America, signaling a strategic move to enhance its financial flexibility. This decision could influence the company’s future investment capabilities and financial strategies, making it a noteworthy development for stock market enthusiasts.
Why Super Micro Computer Stock Reversed Course Today
That said, the stock is now trading with a market cap of about $15 billion. Even if the stated guidance is reduced by one-third and extrapolated for a full 12-month period, annual revenue would total more than $15 billion. That would result in a price-to-sales ratio of about 1, and that could be an interesting place to start an investment.
Super Micro’s stock extends historic surge, has more than doubled in 7 days
After scoring a record rally last week, the server maker’s stock was rallying toward a third straight double-digit percentage gain for the first time ever.
Super Micro Stock Just Achieved This Rare Feat. Blame Volatility.
Super Micro Computer is gaining a reputation for being a volatile stock but this week takes the cake. Billionaire Ken Griffin Sold 91% of Citadel's Stake in Palantir and Nearly Tripled His Position in This Cutting-Edge Artificial Intelligence (AI) Stock Is the Worst Over for Super Micro Computer?
Super Micro Stock Jumped 49% in 3 Days. Why the Rally Is Now Stalling.
The stock fell 0.9% to $38.08 ahead of the open. Coming into the trading session, Super Micro shares are up 49% over the past 3 days, but remains well below their March high of ab
Super Micro Computer: The Dead Cat Bounces, Here's Your Exit
Super Micro Computer shares have gone on a blistering rally the last two weeks, nearly doubling from 52-week lows. See why ...
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Why Super Micro Computer Stock Is Soaring Today
Super Micro Computer (NASDAQ: SMCI) stock is posting big gains in Thursday's trading. The company's share price was ...
Super Micro Computer Price Levels to Watch as Stock's Slump Accelerates
Super Micro Computer shares continued sliding in extended trading after leading Nasdaq decliners on Wednesday following news ...
Super Micro Computer: Analyzing The Stock's Growth Potential, Risks, And Rewards
Super Micro faces potential delisting should a Nasdaq plan to remain listed not be approved. Click here to read an analysis ...
Super Micro Computer, Inc. (SMCI) Surges 80% Amid Nasdaq Compliance Plan and NVIDIA Boost
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
These Stocks Are Moving the Most Today: Super Micro, Snowflake, Palantir, MicroStrategy, Robinhood, Macy’s, Cassava, and More
Shares of Super Micro Computer extend last week’s sharp gains, Snowflake stock is upgraded, and MicroStrategy buys more ...