Super Micro Just Reported Its Lowest-Ever Gross Margin. Should You Ditch SMCI Stock Here?
Super Micro Computer (SMCI) shares tumbled as much as 10% on Nov. 5 after the artificial intelligence (AI) server specialist reported its lowest-ever gross margin at 9.3%. Investors bailed on SMCI stock today also because the company missed analysts estimates on both top and the bottom line in its fiscal first quarter. More News from Barchart Following the post-earnings plunge, Supermicro shares are down some 30% versus their July high. www.barchart.com Is Now the Time to Sell the Rip in SMCI Stock? ...