Reported about 2 months ago
Super Micro Computer is set to execute a 10-for-1 stock split, making its shares more accessible to investors. With AI-driven growth and a sizeable rise in share price over the past year, this split aims to lower the perceived cost per share from over $615 to approximately $62. The split marks the first for the company, and while it may generate significant trading activity and short-term volatility, it's advised that potential investors wait until after the split to evaluate buy opportunities at reasonable valuations.
Source: YAHOO