Supermicro Stock Plummets Amid Reports of Justice Department Investigation
The Wall Street Journal, citing unnamed sources, reported that the DOJ has launched an investigation into Super Micro Computer. This news sent SMCI stock tumbling more than 14% to 392.18, reaching an eight-month low during intraday trading.
Nvidia (NASDAQ: NVDA) stock has pulled back since the summer as it struggled to meet ever-increasing investor expectations.
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