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Super Micro Computer Stock Plunges Amid DOJ Probe and 10-for-1 Split

Supermicro faces significant market turbulence due to regulatory scrutiny and a major stock split.

  • Super Micro Computer's stock fell sharply following allegations of accounting irregularities by Hindenburg Research.
  • The DOJ is reportedly investigating Supermicro, contributing to further declines in its stock price.
  • The company's stock price dropped to around $42 per share due to a 10-for-1 stock split.
  • Despite recent setbacks, Supermicro has shown impressive long-term growth, with a market cap of $2.44 billion.
  • Supermicro's future remains uncertain as it competes with industry giants like Dell and HPE in the AI server market.
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