Super Micro Computer Dropped 70% from Its High and Is Exiting the Nasdaq 100. Could This Beaten-Down Stock Recover in 2025?

The year 2024 represented the best and worst of times for Super Micro Computer (NASDAQ: SMCI). The server maker started the year with a bang, reporting triple-digit revenue growth, thanks to demand from artificial intelligence (AI) customers. In fact, Supermicro's quarterly revenue this year surpassed annual revenue as recently as 2021. The company also went on to reach other important milestones, such as winning invitations to join the S&P 500 and the Nasdaq 100.All of this helped Supermicro soar 1,200% in just one year to a high in March. But in recent months, the top equipment maker has faced challenges that have weighed heavily on its stock's performance, which has dropped 70% from its high.A Hindenburg Research short report alleged troubles at the company. And Supermicro itself disappointed investors, saying it couldn't file its annual and quarterly financial reports on time. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool