Super Micro Computer (SMCI) Announces Resignation of Director Fred Chan

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Super Micro Computer (SMCI) stock falls after S&P 500 addition

March 18, 2024 1:55 PM EDT

The Super Micro Computer (NASDAQ: SMCI) stock price declined more than 9% on Monday, the day the server-maker was added to the S&P 500.

At the start of March, S&P Dow Jones Indices announced changes to the index, saying Super Micro Computer and Deckers Outdoor Corp will replace Whirlpool and Zion Bancorporation in the S&P 500, respectively.

SMCIs stock has been a significant winner in the last 12 months, rising... More