Super Micro Drops Below 50-Day Average, Faces Nasdaq 100 Removal Just Months After Entry

Super Micro Computer, Inc SMCI stock is trading below its 50-day moving average as it awaits removal from the Nasdaq 100 Index on December 23, 2024, joining the likes of Illumina, Inc ILMN and Moderna, Inc MRNA.Palantir Technologies Inc PLTR, MicroStrategy Inc MSTR, and Axon Enterprise Inc AXON entered the coveted club as a replacement.The Nasdaq-100 Index comprises 100 of the largest non-financial companies on The Nasdaq Stock Market.Also Read: HubSpot To Dominate SMB CRM Space With AI-Driven Platform, Say ...