Uninvestable Super Micro Sends Investors Racing to the Exits

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News Source : Financial Post

News Summary

  • Shares of Super Micro were up as much as 2.4% shortly after the start of trading on Tuesday.
  • Since hitting a near-term peak of $60.71 on July 30, Super Micro’s stock is down about 65%.
  • It is the second-worst performer in the S&P 500 over that span.
  • Super Micro is expected to in more than $40 billion in revenue in fiscal 2026, an 87% jump from the year before.
  • The stock has lost about 27% this year and is sitting around $21.
There is a short list of major players when it comes to AI servers, and Super Micro is on that short list, said Hendi Susanto , a portfolio manager at Gabelli Funds, which holds shares in its Gabelli [+3983 chars]

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