“Super Micro Computer Has Dropped 18%. Will It Soar After its Stock Split?”
September 26, 2024
“…In the most recent quarter, revenue soared more than 140%, and profit climbed in the double digits. And this may be just the beginning as Supermicro gears up to address a new growing market: cooling solutions to tackle the heat problem in AI data centers. Supermicro predicts as much as 30% of new data centers will opt for direct liquid cooling within the coming 12 months and says it will dominate this market…
…But splits don’t change anything fundamental about a company — so valuation and the market value of the company remain the same, for example. This means a stock split, in and of itself, isn’t a reason to buy a stock — so the shares probably won’t surge when they open at the split-adjusted price….”
https://finance.yahoo.com/news/super-micro-computer-dropped-18-081000891.html