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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: SMCINVDADELLHPE

Keywords: artificial intelligencebusinessdell technologies incearningshewlett packard enterprise cosuper micro computer incbreaking news: technologynvidia corptechnologybusiness news

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


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