Super Micro Computer Stock Has Fallen 30%. Before Buying or Selling, Here's What You Need to Know.
Super Micro Computer (NASDAQ: SMCI) started the year off with a bang. The stock soared 188% in the first half, even surpassing the performance of market darling Nvidia, and was invited to join both the S&P 500 and the Nasdaq-100.
Is Stock-Split Stock Super Micro Computer Headed to $729 per Share?
On Sept. 25, a group of 16 analysts had an average one-year price target on Supermicro stock of $729.19. That represents around 60% upside from the stock's closing price on Sept. 25, which was a day before a Wall Street Journa l article helped fuel a 12% drop.
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