Stock Market Today, Jan. 13: Super Micro Computer Drops on Analyst Downgrade and Margin Worries

Super Micro Computer (NASDAQ:SMCI), AI-focused server and storage provider, closed Tuesday's session at $28.6, down 5.05% as investors reacted to fresh analyst downgrades and margin concerns. Super Micro Computer IPO'd in 2007 and has grown 3,165% since going public. Trading volume reached 51.4 million shares, about 95% above its three-month average of 26.4 million shares.Tuesday's catalysts centered on a new "sell" rating and margin-downside worries for Super Micro, and investors are watching how AI server ...