Super Micro Faces Nasdaq 100 Removal and Capital Concerns

The server maker's stock has plummeted following its removal from the Nasdaq 100 Index and reports of potential fundraising efforts.

Super Micro Computer is set to be removed from the Nasdaq 100 Index on December 23, less than six months after its inclusion, following a 70% decline in its stock value since March.
The company is reportedly working with Evercore to explore fundraising options, including issuing new stock, taking on debt, or private equity investment, raising concerns about shareholder dilution.
Super Micro's financial challenges include delayed SEC filings, missed earnings expectations, and the resignation of its auditor, though an independent review found no evidence of misconduct.
The stock has dropped below key technical support levels and lost 62% of its value over the past six months, with analysts raising concerns about its outlook despite ongoing AI server demand.
The company has until February 25 to file delayed financial reports to maintain Nasdaq compliance, while its removal from ETFs tracking the Nasdaq 100 adds further pressure on its stock price.