Super Micro Stock Falls Over 8% Amid Nasdaq 100 Delisting Concerns

Super Micro Stock Falls Over 8% Amid Nasdaq 100 Delisting Concerns

Super Micro Computer (SMCI) saw its shares tumble over 8% on Tuesday, as speculation mounted about its potential removal from the Nasdaq 100 index. Bloomberg Intelligence has suggested that companies like Palantir Technologies (PLTR) and MicroStrategy (MSTR) could replace Super Micro in the index.

Despite the concerns, CEO Charles Liang remains optimistic. Speaking at the Reuters NEXT conference, Liang expressed confidence that Super Micro will meet the February 25 deadline for filing its delayed financial statements, which would help avoid delisting from the Nasdaq exchange.

Adding urgency to the situation, the official Nasdaq 100 rebalancing announcement is set for December 13, and Super Micro isn't the only company under scrutiny. Moderna (MRNA) and others may also face removal, while firms like Axon Enterprise (AXON) and Equinix (EQIX) are expected to join the index.

For Super Micro, this is more than an index reshuffle—it's a pivotal moment. Investors are left to weigh the company’s ability to recover and maintain its position among the Nasdaq 100's elite or face the reality of an index exit. With market dynamics shifting rapidly, all eyes will be on the December 13 announcement.