Why Super Micro Computer Stock Is Crashing Again Today
Super Micro Computer(SMCI) The Motley Fool·2024-11-06 19:43
Supermicro published preliminary quarterly results Tuesday, but the report may have raised more questions than it answered.Super Micro Computer (SMCI -21.16%) stock is getting crushed again in Wednesday's trading following the company's preliminary earnings release. The server specialist's share price was down 22.8% as of 2 p.m. ET and had been down as much as 27.1% earlier in the session.After the market closed Tuesday, Supermicro published unaudited preliminary results for its fiscal 2025 first quarter, w ...