Should You Load Up on Super Micro Computer Stock While It's Down 60% From Its All-Time High?
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-09-06 18:45

Supermicro's stock has plummeted in just a month's time.Super Micro Computer (SMCI -2.10%) was one of this year's best-performing stocks, even outpacing Nvidia. However, it has fallen on hard times after a poorly received earnings report and a short-seller announcement. The stock now sits more than 60% off its all-time highs after combining these two factors and a general sell-off due to extreme valuation.With the stock now at this low point, many investors (including myself) may wonder whether shares might ...