SMCI stock set to crash even further as delisting fears loom
Portfolio Pulse from
Super Micro Computer Inc (NASDAQ: SMCI) is facing a significant stock market decline in 2024, with fears of delisting contributing to the downturn. The stock had previously seen a substantial rally but is now experiencing a steep decline.
November 13, 2024 | 3:30 pm
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Super Micro Computer Inc (NASDAQ: SMCI) is experiencing a significant decline in its stock price in 2024, with fears of delisting exacerbating the situation. The stock had previously rallied by 316% but is now on a steep decline.
The article highlights a significant decline in SMCI's stock price, driven by fears of delisting. This negative sentiment is likely to impact the stock price further in the short term. The previous rally of 316% adds context to the severity of the current decline.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100