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The Rally in Super Micro Computer (SMCI) Shares Faces Headwinds From Its Insiders, Established Historical Precedents, Goldman Sachs, and Jim Cramer

NewsTech

Published:

Super Micro Computer

Super Micro Computer (SMCI) shares have added over $6.5 billion in market capitalization since Friday's after-hours trading session when the news first emerged that the stock will enter the benchmark S&P 500 index on the 18th of March. With comparisons to Tesla's blistering pre-S&P 500 inclusion rally quickly populating the Fintwit sphere, everyone and their proverbial pet dog seems to have jumped on the long-only bandwagon. Yet, Super Micro Computer shares now face a confluence of risk factors that can jeopardize the stock's performance. This is incredible: After the market closed yesterday, it was announced that Super Micro Computer, $SMCI, […]

Read full article at https://wccftech.com/the-rally-in-super-micro-computer-smci-shares-faces-headwinds-from-its-insiders-established-historical-precedents-goldman-sachs-and-jim-cramer/

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