U.S. Stock Market News | Super Micro Computer (SMCI.US) plunges 17% as preliminary performance falls far below expectations.

According to the financial news app, on Wednesday, Super Micro Computer (SMCI.US) plummeted 17%, reaching $29.88. In terms of news, the preliminary performance announced by Super Micro Computer shows that its financial performance is far below market expectations, causing investor concerns and leading to a sharp drop in stock prices. According to the announcement, for the third quarter, Super Micro Computer's expected sales revenue is estimated to be $4.5 billion to $4.6 billion, significantly lower than the company's previous performance guidance of about $5.5 billion, and also lower than analysts' average expectation of $5.53 billion.