Massive News for Super Micro Computer Stock Investors!

By Parkev Tatevosian, CFA – Mar 19, 2024 at 4:17PM

NASDAQ: SMCI

Super Micro Computer

Market Cap

$53B

Today's Change

(-5.04%) -$47.96

Current Price

$904.40

Price as of May 16, 2024, 4:00 p.m. ET

Super Micro Computer stock was down as much as 13% following an investor update.

Fool.com contributor Parkev Tatevosian discusses why the latest news sent Super Micro Computer (SMCI -5.04%) stock crashing.

*Stock prices used were the afternoon prices of March 17, 2024. The video was published on March 19, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.