Why Super Micro Computer Stock Lost 15% in April

The highflying AI stock pulled back last month.April was another volatile month for high-flying AI stock Super Micro Computer (SMCI 6.09%) as interest in its fiscal third-quarter earnings report built, but in the end, the stock finished the quarter down 15%, according to S&P Global Market Intelligence.That pullback was in line with a broader decline in AI stocks, as investors seemed to fear that a bubble was forming in the sector after stocks like Supermicro, as the company is also known, had already skyroc ...