Why Super Micro’s stock is tanking — and about to snap a nine-day win streak
Super Micro Computer Inc.’s monster rally was stalling Friday, as its stock headed for a dramatic drop that would snap its longest winning streak in over seven years.Shares of the server maker had run up nearly 200% in a month, through Thursday’s close, and had catapulted some 900% on a 12-month basis as well. Wall Street seems excited about Super Micro’s SMCI, -18.96%potential to capitalize on the artificial-intelligence frenzy, but Wells Fargo’s Aaron Rakers suggested t
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