Why Super Micro Computer Stock Is Plummeting Today
Super Micro Computer(US:SMCI) The Motley Foolยท2024-09-06 20:56The formerly high-flying AI stock is being hit with a wave of bearish catalysts. Super Micro Computer (SMCI -6.79%) is getting hit with another round of big sell-offs Friday. The company's share price was down 5.5% as of 3:15 p.m. ET, according to data from S&P Global Market Intelligence. Supermicro, as the company is sometimes called, saw its stock pull back following another bearish piece of coverage from a big name on Wall Street. Adding another source of selling pressure, today's jobs report from the U. ...