🔴 SMCI is trading 5% down today on Seeking Alpha downgrade to Strong Sell

SMCI is trading at $31.72 (-5.37%) following a Seeking Alpha downgrade to Strong Sell from Hold.

• Analysts highlighted an unsustainable business model and low margins despite AI-driven revenue growth, noting that high working capital needs are dragging sentiment.
• The drop aligns with broader market weakness, as the Nasdaq falls 1.73% on inflation data and Middle East tensions.
• Technical analysis shows a bearish candle close at $33.52, with support at $30.26 and resistance at $35.92.