According to The Kobeissi Letter, Super Micro Computer (SMCI) stock plummeted nearly 20% following the release of weak preliminary financial results on April 29, 2025. The sharp decline signals heightened bearish sentiment and increased volatility, with traders reacting swiftly to the disappointing earnings outlook. This significant move may trigger further downside momentum and stop-loss selling, while also increasing short interest in the near term. Active traders are closely monitoring $SMCI for potential support levels and reversal signals as the market digests the updated financial guidance (Source: The Kobeissi Letter via Twitter, April 29, 2025).

According to The Kobeissi Letter, Super Micro Computer stock ($SMCI) dropped nearly 20% following the release of weak preliminary financials on April 29, 2025. The sharp decline indicates heightened bearish sentiment and increased volatility for $SMCI, suggesting potential for further downside or short-term trading opportunities. Traders should monitor volume spikes and support levels, as well as upcoming official earnings releases for confirmation of the company's financial trajectory (source: @KobeissiLetter on Twitter).