Few companies started off 2024 with a bang like Super Micro Computer (NASDAQ: SMCI). It rose more than 300% until it peaked in March. After a combination of missed expectations and accounting fraud allegations,

Shares of Super Micro Computer have surged since the company's IPO, and the stock's forecast should catch investors' attention.

Super Micro Computer's volatility and short interest make it a risky pick. Learn why SMCI stock is downgraded to sell amidst growing uncertainty in its outlook.

Super Micro Computer shares fell 4.6% Wednesday. The Fed lowered the federal funds rate by 25 basis points to a range of 4.25%-4.5%.

Super Micro Computer (NASDAQ:SMCI) shares have been on a wild ride thus far in 2024. After surging to a new all-time high in Q1 following the intense hype artificial intelligence brought to companies like Super Micro who are clear beneficiaries (a high of more than $120 per share),