Traders Get Crushed As "New NVIDIA" SMCI Stock Pops And Drops
The stock that’s supposed to be the "new" NVIDIA, Super Micro Computer (NASDAQ:SMCI), lost approximately 20% of its value in a single day.
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The stock that’s supposed to be the "new" NVIDIA, Super Micro Computer (NASDAQ:SMCI), lost approximately 20% of its value in a single day.
Contributor Content. Despite what some say, stocks may not turn bullish by the end of the year.
Tech stocks have hit turbulence, the Nasdaq 100 is down 11% from a July peak, & investors are left wondering when the selling spree will end.
The tech-heavy Nasdaq fell on Thursday, as Tesla and Netflix results underwhelmed investors, while a strong annual forecast by Johnson & Johnson set the blue-chip Dow on course for its ninth day of...