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SMCI

Posted on 8/7/24 at 8:01 am
Posted by Double Oh
Louisiana
Member since Sep 2008
23298 posts
Posted on 8/7/24 at 8:01 am
Did it beat earnings yesterday?


It was up $100 after hours yet it’s down $86 right now

What gives?
This post was edited on 8/7/24 at 8:35 am
Posted by slackster
Houston
Member since Mar 2009
91302 posts
Posted on 8/7/24 at 8:31 am to
The split announcement had it pop and then the meat and potatoes of earnings/guidance came out and they weren’t great.they missed on earnings.
Posted by Double Oh
Louisiana
Member since Sep 2008
23298 posts
Posted on 8/7/24 at 8:35 am to
Oh ok got it now.

What was the split?
Posted by slackster
Houston
Member since Mar 2009
91302 posts
Posted on 8/7/24 at 8:37 am to
10-1.
Posted by Double Oh
Louisiana
Member since Sep 2008
23298 posts
Posted on 8/7/24 at 8:44 am to
What’s with all the these tech stocks splitting 10/1
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24842 posts
Posted on 8/7/24 at 9:23 am to
quote:

What’s with all the these tech stocks splitting 10/1


It seems to be in vogue right now

NVDA and AVGO just both recently 10-1, and now SMCI.

Sold off a chunk of SMCI few months back, still have 16 shares at $300ish average.
Posted by bigjoe1
Member since Jan 2024
1444 posts
Posted on 8/7/24 at 10:59 am to
Getting the cost per share down in hopes of getting more small investors.
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