Meet the Stock-Split Stock That Soared 1,520% Over the Past 10 Years. Is It a Buy Ahead of Its 10-for-1 Stock Split?
Super Micro Computer(SMCI) The Motley Fool·2024-09-01 17:02The company's custom-designed servers are a staple for artificial intelligence (AI) processing, but is the stock a buy before Sept. 30?On Aug. 6, in conjunction with the results of its fiscal 2024 fourth quarter (ended June 30), Super Micro Computer (SMCI -2.48%), also called Supermicro, announced plans to initiate a 10-for-1 stock split. When the split is complete, investors will receive nine additional shares for each share they own after the market close on Monday, Sept. 30. The stock will begin trading ...