Supermicro Shares Plummet Again
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Super Micro ComputerThe Motley Fool
•Super Micro Computer Shares Fall Again on Latest Update. Is the Bottom In, or Is There More Downside Ahead for the Stock?
76% Informative
Shares of Super Micro Computer (NASDAQ: SMCI ) were once again tumbling after the company provided investors with an update on its fiscal first-quarter results.
Supermicro was a huge winner early in the year , with its stock quadrupling within the first three months of 2024 .
However, its shares are now solidly in negative territory year to date after this latest dip.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 904,692 ! The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002 .
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