Down 80% From Its All-Time High, Is Super Micro Computer Stock a Buy?
Super Micro Computer(SMCI) The Motley Fool·2024-11-15 10:00
Supermicro stock has a ton of red flags.Super Micro Computer (SMCI -11.41%) may be the most exciting stock story of 2024. Unfortunately, it's not for a good reason. While it started off the year hot as product demand surged, it quickly declined as expectations were too high. Then, allegations of an accounting irregularities broke, which caused the stock to tumble as more information surfaced about the company's practices.The stock is now down more than 25% for the year and more than 80% from its all-time hi ...