Investors in Super Micro Computer, or Supermicro (SMCI), may have noticed that shares are trading lower today. No need to panic.

Super Micro Computer has a 10-for-1 stock split planned for after market close Sept. 30. Companies that decide to split their stock -- increasing share count and decreasing per-share price -- are usually doing quite well.

Super Micro Computer’s once-highflying stock is set to split next week after taking a beating over regulatory concerns and disappointing financial results. Super Micro said on Aug. 6 that its board of directors had authorized a 10-for-1 split of its common stock,

Super Micro Computer (SMCI) jumped out of the gate in 2024 and rallied hard in the first few months. Indeed, the stock was up more than 300% for the year to date back in mid-March but it has since pared these gains to about 46% amid a series of fundamental woes.

Super Micro Computer Inc (NASDAQ: SMCI) has been a big disappointment for its shareholders in 2024. The past six months have been an endless streak of bad news for this artificial intelligence company that was once being touted as a better pick than Nvidia.

Super Micro Computer (SMCI) shares have dropped 70% from their highs. Find out why I think the DoJ investigation is impacting investor sentiment.