Super Micro Computer (SMCI) Stock Slides 2.7% in Midday NASDAQ Session
NEW YORK, NY – Super Micro Computer Inc. (NASDAQ: SMCI) shares traded lower during the midday session on April 11th, experiencing a noticeable decline on the NASDAQ exchange.
As of 12:28 PM ET (UTC-4), SMCI stock was priced at 0.91 from the previous close, equating to a 2.70% drop for the trading day.
The stock started the session above its prior closing price of $33.68, briefly touching above $34.00. However, selling pressure emerged mid-morning, pushing the shares significantly lower. The intraday chart shows the stock establishing a lower trading range after the initial drop, remaining below the $33.00 mark for much of the late morning and early afternoon.
Investors are observing the performance of Super Micro Computer shares amid the day’s broader market activity in the United States technology sector. The stock’s movement reflects ongoing trading dynamics as the session progresses.
