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Why Super Micro Computer Stock Is Plummeting After Earnings

After a strong start to the year, SMCI stock fell 50% since the March highs.

By Neil Rozenbaum – Aug 7, 2024 at 8:42AM EST

In today's video, I will talk about Super Micro Computer's (SMCI +3.18%) fourth-quarter earnings report. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were from the trading day of Aug. 6, 2024. The video was published on Aug. 6, 2024.

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Neil Rozenbaum 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. Neil 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.

Stocks Mentioned

Super Micro Computer Stock Quote
Super Micro Computer
NASDAQ: SMCI
$23.23
(+3.18%)+$0.72

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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