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Super Micro plummets 15% after posting revenue miss - TL;DR CNBC

Super Micro plummets 15% after posting revenue miss

Publishing timestamp: 2024-05-01 12:35:56


Summary

Super Micro Computer shares plunged after reporting slightly lower third-quarter revenue but increasing its fiscal 2024 revenue forecast. Analysts have mixed opinions on the stock, with some lowering price targets and others praising the company's business outlook. Apple is set to report earnings soon.


Sentiment: MIXED

Tickers: SMCI,  NVDA,  DELL,  HPE, 

Keywords: artificial intelligence,  business,  dell technologies inc,  earnings,  hewlett packard enterprise co,  super micro computer inc,  breaking news: technology,  nvidia corp,  technology,  business news, 

Source: https://www.cnbc.com/2024/05/01/super-micro-stock-plummets-18percent-after-posting-revenue-miss-.html


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