What You Need to Know About Super Micro's 10-for-1 Stock Split
SMCISuper Micro Computer(SMCI) Investopedia·2024-09-24 05:45

Key TakeawaysSuper Micro Computer will split its stock 10-for-1 stock split after the closing bell on Sept. 30.Each existing share of the company will be converted into 10 new shares at a tenth of the closing price. Shareholders' overall stake in the company won't change. Super Micro shares are up nearly 65% year-to-date despite shedding roughly half their value since March. Server maker Super Micro Computer (SMCI) announced a 10-for-1 stock split last month that will take effect after the closing bell on S ...