Reported about 22 hours ago
Super Micro Computer (NASDAQ: SMCI) has recently split its shares, reducing their price but not necessarily improving investment appeal. Historically, such splits do not affect a company's fundamentals or valuations. With shares down over 50% in six months and ongoing concerns about low profit margins and a DOJ investigation, analysts believe the split may not provide the expected uplift in share price. Investors are advised to remain cautious and consider the company's ability to grow earnings before investing.
Source: YAHOO