Super Micro Computer Stock Fell Today and Is Now Down 67.5% From Its High -- Time to Buy Before Its Stock Split?
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-09-07 06:07

The server specialist is heading for a stock split on Oct. 1.Super Micro Computer (SMCI -6.79%) stock was battered again in Friday's trading. The server company's share price ended the session down 6.8%, according to data from S&P Global Market Intelligence.Supermicro's latest slide followed news that JPMorgan's analysts had lowered their rating on the stock from overweight to neutral and cut their price target on it from 950pershareto950 per share to 500 per share. Additionally, the Labor Department's jobs report Fri ...