🔴 SMCI is trading 4.2% down today on profit-taking after a massive 24.5% post-earnings rally

SMCI is trading 4.2% down today at $33.22, reversing sharply from a 24.5% surge as investors take profits following a massive post-earnings run.

• The company reported a significant earnings beat on May 5, with EPS of $0.84 (vs. $0.62 expected) and gross margins recovering to 9.9%.
• The decline outpaces broader market weakness in the S&P 500 (-0.32%) and NASDAQ (-0.26%), suggesting stock-specific selling pressure following the two-day spike.