Super Micro Stock Slumps After Analyst Says AI Boom Is Priced In
Super Micro stock has been on a tear, but a Wells Fargo analyst believes shares already reflect most of the good news.
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Super Micro stock has been on a tear, but a Wells Fargo analyst believes shares already reflect most of the good news.
Super Micro’s monster rally was stalling Friday, as its stock headed for a dramatic drop that would snap its longest winning streak in over seven years.
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Super Micro Computer, a big beneficiary of the artificial intelligence boom, has seen its shares more than triple this year.
BofA launched coverage of Super Micro shares with a bullish rating, as the company’s potential may not be fully appreciated by Wall Street.