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Investors faced a unique dynamic in 2024, with a range of catalysts dominating the mind share of most investors.
While the stock market's attention has centered around the technology sector, with a special focus on today's artificial intelligence developments, certain stocks have gotten an unfair share of the price action and favor. Today, as the industry seems to cool down a bit, it might be time for other “left behind” names to start catching up to the leaders.
Server maker Super Micro Computer stock (NASDAQ: SMCI) has moved largely sideways in 2025, trading at about $31 per share currently. The stock experienced considerable volatility in 2024, surging to over $114 per share earlier in the year before crashing by over 80% at one point due to multiple issues, although it has recovered a bit since November.
After several analyst downgrades and rumors of accounting compliance issues that led to an announced split from auditor Ernst & Young, Super Micro Computer (NASDAQ: SMCI) showed some signs of resurgence this morning.
Recently, Zacks.com users have been paying close attention to Super Micro (SMCI). This makes it worthwhile to examine what the stock has in store.
Investors eagerly anticipate Supermicro's (SMCI 1.48%) update in the hope that it will address their concerns.
The company counts Nvidia, Intel, AMD, and Microsoft among its customers.
In the most recent trading session, Super Micro Computer (SMCI) closed at $31.12, indicating a +0.42% shift from the previous trading day.
Separately, Hindenburg Research, the short seller that accused the company of accounting irregularities last year, said this week that it will close down.
Until server maker Super Micro files its delayed earnings report, it's unlikely that shares will make big gains.