Super Micro slides 7% after stock is dropped from Nasdaq 100

Super Micro Computer joined the Nasdaq 100 in July. Five months later, it's out, and the stock is down 7% on the news.Nasdaq said late Friday that Super Micro is being removed from the index, which is made up of the top 100 non-financial stocks on the Nasdaq and is the basis for the Invesco QQQ Trust exchange-traded fund, one of the most actively traded ETFs.The announcement is the latest in a roller coaster of a year for Super Micro, which rocketed to a record high of $118.81 in March, as demand soared for ...