Why Super Micro Computer Stock Fell Today
Super Micro Computer(SMCI) The Motley Fool·2024-12-17 00:11Supermicro stock got hit with a double dose of bearish pressures today.Super Micro Computer's (SMCI -8.26%) share price closed out the daily session down 8.3%. Meanwhile, the S&P 500 (^GSPC 0.38%) ended the day up 0.4%, and the Nasdaq Composite (^IXIC 1.24%) ended the session up 1.2%.Supermicro stock lost ground today following news that the company may be looking to raise funds through stock sales or new debt. The company's share price likely also took a hit due to the stock being removed from the Nasdaq-1 ...