Defiance's 2x leveraged ETFs on Super Micro Computer, one betting on price rises (SMCX) and the other on declines (SMCZ), have both suffered severe losses over the past year. This is due to the daily reset feature of leveraged ETFs, which causes volatility drag during Super Micro's choppy price movements, especially after events like a $7 billion equity offering and legal risks. While short-term trades can benefit from news-driven moves, holding these ETFs long-term leads to significant capital erosion. Investors should treat these products as short-term trading tools rather than buy-and-hold investments.
Super Micro Computer (SMCI) has launched a 7.0% Series A Mandatory Convertible Preferred Stock (SMCIP), offering investors a hybrid of fixed income and equity exposure. The preferred stock pays a 7% cumulative annual dividend and will convert mandato...
This week, retail investors showed strong interest in five stocks: SpaceX, Micron Technology, Advanced Micro Devices (AMD), Uber Technologies, and Super Micro Computer. SpaceX shares surged after its IPO, closing 19.3% higher on the first day. Micron...
Super Micro Computer (SMCI) experienced a strong rally from $19.48 in March to $51.40 in early June before entering a bearish correction that dropped the price to $28.61. The 50-day moving average has now turned into resistance near $32.26, and recla...
Super Micro Computer, Inc. raised $5.5 billion through a highly dilutive equity offering, causing its stock price to drop sharply. Despite this, the company reported nearly $39 billion in new AI server orders from 20 customers, almost matching its re...
Super Micro Computer (SMCI) saw a sharp 27.98% drop after missing revenue expectations by 17.75% and announcing $7 billion in equity-linked financing amid heavy debt and cash burn. The company struggles with low gross margins and high operating cash ...
