Why Super Micro Computer (SMCI) Dipped More Than Broader Market Today

Super Micro Computer (SMCI) closed the most recent trading day at $46.47, moving -1.73% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.21% for the day. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, lost 0.05%. Shares of the server technology company have appreciated by 6.17% over the course of the past month, underperforming the Computer and Technology sector's gain of 9.62% and outperforming the S&P 500's gain of 5.94%. Investors wi ...