Super Micro Q4 Earnings Review: Buy The Fear (Rating Upgrade)

JHVEPhoto Super Micro Computer (NASDAQ:SMCI) had an extremely puzzling earnings release on Tuesday, August 6th. Initially, the market was pleased with the results in this beaten down AI trade. The stock rose 17% and eclipsed $700 just minutes after the report was released. Investor sentiment soured as the data in the report was fully digested. The stock turned sharply lower, plummeting all the way below $550 during the earnings call. It traded below $500 throughout the day, August 7th. It's likely the marke ...