SMCI Shares Tumble: Super Micro Computer Down Significantly on April 30
Super Micro Computer Inc (NASDAQ: SMCI) is experiencing a sharp decline in its stock price during Tuesday’s trading session. As of 2:12 pm GMT-4 on April 30, the stock was trading at 30.99 USD.
This price marks a substantial drop of 5.01 USD, equating to a 13.92 percent decrease for the day compared to its previous closing price. The stock began the trading day significantly lower, opening at 29.12 USD, well below the previous close of 36.00 USD.
Throughout the session, SMCI shares have fluctuated between a low of 28.78 USD and a high of 31.04 USD. The current price is near the day’s peak but still represents a considerable loss from the prior market close.
Additional market data shows Super Micro Computer’s market capitalization at 1.85KCr and a Price to Earnings (P/E) ratio of 13.56. No dividend yield is currently reported for the stock. The 52-week trading range for SMCI spans from a low of 17.25 USD to a high of 101.40 USD. Market watchers in the United States continue to observe the stock’s movement.
