Here's why SMCI stock price is crashing

The share price of Super Micro Computer (NASDAQ: SMCI) plunged 15% in pre-market trading on December 16 as investors reacted to news regarding the company’s future on a major stock index.Specifically, ahead of the market opening, SMCI was down 15.02%, trading at $30.98. At the close of the last session, the artificial intelligence stock traded at $36.45, down over 3% for the day, while in 2024, SMCI remains up 27% year-to-date.SMCI one-day stock price chart. Source: Google Finance Why SMCI is crushing SMCI ...