Super Micro Computer, Inc. Stock News

CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group today announced that the Board of Trustees of Tidal Trust II (the Trust) has approved a reverse stock split for the Defiance Daily Target 2X Long SMCI ETF (SMCX), which trades on The Nasdaq Stock Market, LLC. The reverse stock split is expected to take effect after the close of trading on the Nasdaq on November 15, 2024.

Super Micro Computer, Inc. experienced extreme volatility in 2024, with a dramatic 66.03% decline followed by a further 45.63% drop, defying mean reversion strategies. Despite recent declines, SMCI's forward P/E ratio of 6.785x and forward P/S ratio of 0.478x make it highly attractive compared to industry peers. The stock's current trading levels suggest potential for limited downside, with key...

The artificial intelligence business's financial statements are late, and the stock price has been more volatile than usual.

Super Micro Computer shared recent updates about its partnership with Nvidia.

The unfolding challenges at Super Micro Computer (NASDAQ: SMCI) continue to stir market uncertainties, especially as it edges closer to a potential delisting from Nasdaq.

More bad news for Super Micro Computer, Inc. (Nasdaq: SMCI): Shares sank more than 20% on Wednesday after the AI server maker missed earnings estimates, adding to its mounting problems. It also said it's unsure when it will file annual results for the latest fiscal year.

Super Micro Computer stock plunged nearly 20% on November 6 as its business update was a massive disappointment. Supermicro didn't provide sufficient clarity over its delayed 10K, new auditor engagement, spurring increasing fears of a potential delisting. Investors are likely pricing in a further reduction in guidance, as there is little clarity about whether SMCI could regain timely compliance...

The company told investors that revenue growth is slowing down from its blistering pace.