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.
Super Micro’s stock split is on deck — and it stands out in a not-so-good way
Super Micro shares begin trading Tuesday on a split-adjusted basis. The stock’s drop between the announcement date and effective date could be the steepest in more than two years.
Why Super Micro Stock Is Tumbling Into Its Stock Split
Super Micro Computer’s once-highflying stock is set to split next week after taking a beating over regulatory concerns and disappointing financial results. Super Micro said on Aug. 6 that its board of directors had authorized a 10-for-1 split of its common stock,
Super Micro Computer Plummeted Today -- Should You Buy the AI Stock Before Its Stock Split on Oct. 1?
Super Micro Computer is gearing up for a stock split on Oct. 1, but investors are feeling jittery following recent reports.
What Super Micro's 10-for-1 Stock Split Means for Investors
Super Micro Computer (SMCI) jumped out of the gate in 2024 and rallied hard in the first few months. Indeed, the stock was up more than 300% for the year to date back in mid-March but it has since pared these gains to about 46% amid a series of fundamental woes.
Will Super Micro Computer's 10-for-1 Split Boost The Stock?
Super Micro Computer stock (NASDAQ: SMCI) has experienced considerable volatility this year, although a potential boost may be on the horizon with the company’s upcoming 10-for-1 stock split. SMCI stock rose nearly eightfold over the past two years—from about $60 per share in September 2022 to levels of about $460 today,
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