Super Micro Computer shares fall about 5% after earnings rally
SMCI Super Micro Computer Inc
$35.15 -5.61%
View chart & analysis → - 1Super Micro Computer (SMCI) shares fell about 5% on Monday, giving back recent rally gains
- 2Shares had surged roughly 60% around its August 11 fourth-quarter results, while revenue of about $11.12 billion came in below Wall Street estimates
- 3Concerns over dilution from a roughly $7 billion capital raise in June and a board review related to export-control allegations continue to weigh on the stock
This 3-line summary is compiled from the report below.
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