Super Micro Computer Stock Slumps on Nasdaq 100 Removal, Rumored Capital Raise [Yahoo! Finance]
Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
Shares of Super Micro Computer fell sharply Monday morning as the impact of two reports late Friday extended into this week. The server maker is one of three stocks being removed from the Nasdaq 100 Index starting next week, as shares have lost 70% of their value since March. Bloomberg also reported that Super Micro has hired Evercore to potentially assist the company in raising capital. Super Micro Computer ( SMCI ) shares slumped Monday morning as the stock feels the impact of a pair of headlines that came out after the bell Friday, including a potential capital raise and the stock's removal from the Nasdaq 100 Index The Nasdaq said Friday that Palantir ( PLTR ), MicroStrategy ( MSTR ), and Axon Enterprise ( AXON ) would join the index starting next week, replacing Super Micro Computer, Moderna ( MRNA ), and Illumina ( ILMN Super Micro is being replaced on the index less than six months after it was added in July, as shares have lost 70% of their value entering Monday sin
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SMCI
Earnings
- 8/6/24 - Miss
SMCI
Sec Filings
- 12/6/24 - Form 8-K
- 12/2/24 - Form 8-K
- 11/26/24 - Form 8-K
- SMCI's page on the SEC website