Super Micro Computer Has Dropped 18%. Will It Soar After its Stock Split?

Earlier this year, Super Micro Computer (NASDAQ: SMCI) proved itself as one of the powerhouses in today's economy. Thanks to demand from artificial intelligence (AI) customers for its equipment, the company delivered triple-digit revenue growth. Stock performance followed, with shares posting a first-half gain of 188%, even beating the gain of market darling Nvidia. And Supermicro scored invitations to join the S&P 500 and the Nasdaq 100, another sign of its earnings strength and market leadership.All of this sounds fantastic, but in recent weeks Supermicro has faced some headwinds that have translated into declines in the share price. The stock has lost about 18% since a short report in late August that alleged troubles at the company. On top of this, investors worried as Supermicro delayed its 10-K annual report.Now, moving forward, Supermicro has a big event right around the corner. The company will complete a 10-for-1 stock split at the end of the month, and the shares will start trading at their new split-adjusted price on Oct. 1. Will this once high-flying stock recover from recent woes and soar after the stock split? Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool