Super Micro Drops 6% on Warnings of Missing Forecast: 3 Reasons We Still Like This Stock

By |2023-12-07T20:56:57+00:00April 24th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Early Monday morning, Super Micro (SMCI) issued a warning that the company is going to fall short of its fiscal third-quarter revenue forecast. As a result, the company dropped as much as 12% in pre-market trading and now sits 6% lower than it opened at. While Super Micro originally issued a March-quarter revenue guidance [...]