While the stock market's attention has centered around the technology sector, with a special focus on today's artificial intelligence developments, certain stocks have gotten an unfair share of the price action and favor. Today, as the industry seems to cool down a bit, it might be time for other “left behind” names to start catching up to the leaders.
Server maker Super Micro Computer stock (NASDAQ: SMCI) has moved largely sideways in 2025, trading at about $31 per share currently. The stock experienced considerable volatility in 2024, surging to over $114 per share earlier in the year before crashing by over 80% at one point due to multiple issues, although it has recovered a bit since November.
After several analyst downgrades and rumors of accounting compliance issues that led to an announced split from auditor Ernst & Young, Super Micro Computer (NASDAQ: SMCI) showed some signs of resurgence this morning.
Separately, Hindenburg Research, the short seller that accused the company of accounting irregularities last year, said this week that it will close down.
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