Workflow
Super Micro Computer Stock Has Soared Almost 100% in the Past Month. Is a Bigger Rally Coming?
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-12-19 10:00

Super Micro Computer (SMCI -4.64%) has been one of the hottest stocks to own during the past month. Since plummeting to $18 a month ago, the stock has rallied in a big way -- almost doubling in value, closing at over $33 on Dec.17. Investor sentiment has done a complete reversal as concerns have seemingly evaporated about the company's auditor resigning (it has since found a new one), as well as around the state of its financials after it delayed filing it's annual report. As a result, the bulls are back.Sh ...