Retail Braces For Short-Squeeze Rally
From StockTwits: 2025-01-09 23:08:13
Super Micro Computer, Inc. ($SMCI) begins volume shipments of max-performance servers with Intel Xeon 6900 series processors optimized for high-performance workloads like AI and HPC. These systems promise new capabilities with low latency, high throughput, and customizable form factors. Super Micro stock showed a 0.74% gain in overnight trading. However, retail sentiment is now ‘neutral’ on Stocktwits, with a potential short-squeeze rally to $50 anticipated. Short percentage of outstanding shares is at 15.64%. Super Micro ended 2024 with a 7.2% gain but faces delisting if it doesn’t file financial reports by Feb. 25, after being removed from the Nasdaq 100 Index.
Read more at StockTwits: Retail Braces For Short-Squeeze Rally