Super Micro Computer (SMCI) stock dropped 18% after announcing its earnings report date without preliminary results.

Super Micro Computer (SMCI) stock fell 18% on Friday after the company announced the release date for its upcoming earnings report without providing preliminary results, causing investor concerns. Super Micro Computer, which joined the S&P 500 in March and is a primary vendor for Nvidia, typically released preliminary earnings before its earnings report. The lack of preliminary results for the upcoming report has raised concerns among investors.

April 19, 2024
15 Articles

Further Reading