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Stock impact report

Stock Market Today, March 26: Super Micro Computer Falls After Shareholder Lawsuits Over Smuggling Allegations [Yahoo! Finance]

Super Micro Computer, Inc. (SMCI) 
Last super micro computer, inc. earnings: 8/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.supermicro.com/investor-relations
Company Research Source: Yahoo! Finance
at $22.21, down 7.65%. The stock fell as investors reacted to fresh shareholder lawsuits tied to DOJ smuggling charges and analyst downgrades. The stock is reacting to ongoing legal developments and any updates on export-control risks. Trading volume reached 53.3 million shares, coming in about 48% above its three-month average of 36.1 million shares. Super Micro Computer IPO'd in 2007 and has grown 2,435% since going public. How the markets moved today The broader markets pulled back Thursday, with the S&P 500 (SNPINDEX:^GSPC) dropping 1.74% to 6,477 and the Nasdaq Composite (NASDAQINDEX:^IXIC) sliding 2.38% to 21,408. Within computer and office equipment, industry peers Hewlett Packard Enterprise (NYSE:HPE) closed at $25.07 (-2.75%) and Dell Technologies (NYSE:DELL) finished at $175.82 (-4.45%), underscoring pressure across hardware names. What this means for investors It's been a rough time for Super Micro shareholders. Shares tanked last week after a company co-founder w Show less Read more
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