5 Investors Betting Big on Super Micro Computer (SMCI) Stock

Shares of Super Micro Computer (NASDAQ:SMCI) are in the red again today, bringing its loss since the market open on Feb. 16 to more than 30%. The company hasn’t issued any news to explain this decline; rather, the downfall seems attributed to an overly optimistic valuation that is being corrected. Over the past year, short sellers of SMCI stock have witnessed $4.8 billion of paper losses. This includes paper gains of $1.2 billion on Friday when Super Micro plunged by 20%. Friday’s fall was SMCI stock’s larg ...