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Super Micro (SMCI) Slashes 8.7% as Revenues Seen to Fall

We recently published 10 Stocks Slump Amid Wall Street Cheer; 2 Hit Rock Bottom. Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the worst performers on Thursday. Super Micro extended losses to a third day on Thursday, shedding 8.72 percent to close at 47.92apieceasinvestorssoldoffpositionsfollowingweakpreliminaryresultsthatmisseditsownpreviousguidance.Inastatement,SuperMicroComputer,Inc.(NASDAQ:SMCI)announcedthatitwouldlikelyreport47.92 apiece as investors sold off positions following weak preliminary results that missed its own previous guidance. In a statement, Super Micro Computer, Inc. (NASDAQ:SMCI) announced that it would likely report 5 billion in revenues for the first q ...