Supermicro Stock's Brutal 2024 Keeps Getting Worse
SMCISuper Micro Computer(SMCI) Investopedia·2024-11-14 04:40

Key TakeawaysShares of Super Micro Computer extended their 2024 swoon on Wednesday, with the stock dropping after the company said it would not submit its fiscal first-quarter results in a timely manner.Supermicro said last month that it could not predict when it would file its annual report for 2024. The company risks being delisted from the Nasdaq.Supermicro's shares are down more than 25% this year and well off 2024 highs. Shares of Super Micro Computer (SMCI) extended their 2024 swoon on Wednesday, wit ...