Why Super Micro Computer Stock Had a Super Massive 188% Gain in the 1st Half of 2024
Super Micro Computer(US:SMCI) The Motley Fool·2024-07-13 15:12It's not necessarily a bad thing. But offering shares did cause it to slip from highs. Shares of computing company Super Micro Computer (SMCI 2.33%) had a super, massive 188.2% gain in the first half of 2024, according to data provided by S&P Global Market Intelligence. That's incredible enough. But by March, the stock was already up more than 300% year to date, which dwarfs its first-half returns by comparison. Put another way, Super Micro Computer stock is down more than 20% from its 2024 high. So, depend ...