Super Micro Stock Drops Sharply After Earnings on Margin Concerns
Super Micro Computer Today SMCI Super Micro Computer $514.40 -102.54 (-16.62%) 52-Week Range $226.59 ▼ $1,229.00 P/E Ratio 28.83 Price Target $999.92 Add to Watchlist Super Micro Computer Inc. NASDAQ: SMCI stock is down more than 13% the morning after it delivered its fourth quarter and full-year 2024 earnings report. The curiosity isn't why the stock is down but why it shot higher in the immediate aftermath of the report. The headline numbers were below analysts' expectations. Revenue of $5.31 billion was ...