Why Super Micro Computer Stock Slumped This Morning -- but Shouldn't Have

On the heels of a remarkable rally, shares of server and storage-solution specialist Super Micro Computer (SMCI -7.88%), also known as Supermicro, have been taking a breather. It has gained roughly 700% over the past year, but gravity might have finally caught up with the company. The stock shed as much as 10.1% on Wednesday. As of 2:40 p.m. ET today, the stock was still down 7%.While the shares appeared to be caught up in the general market downturn today, there was actually good news in the form of bullis ...

Why Super Micro Computer Stock Slumped This Morning -- but Shouldn't Have - Reportify