Super Micro Computer (SMCI) Slumps Over 13% in Tuesday Trading
Shares of Super Micro Computer Inc (NASDAQ: SMCI) registered a significant downturn during the trading session on Tuesday, April 30. As of 2:12 pm GMT-4, the stock price stood at 30.99 USD.
This marks a considerable decline of 5.01 USD, representing a 13.92 percent loss for the day. The stock opened the session at 29.12 USD, substantially lower than its previous closing price of 36.00 USD.
During the day’s trading, Super Micro Computer shares have seen a low of 28.78 USD and reached a high of 31.04 USD. The current price is near the day’s high point but remains significantly below the prior close, indicating sustained selling pressure.
Financial data available shows the company’s market capitalization at 1.85KCr, with a Price to Earnings (P/E) ratio of 13.56. No dividend yield is currently reported for the stock. Over the past 52 weeks, SMCI has traded between a low of 17.25 USD and a high of 101.40 USD. Investors in the United States market are observing SMCI’s performance closely following this sharp price movement.
