Shares of Super Micro Computer Inc. SMCI slid 1.72% to $33.74 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.07% to 43,325.80 and the S&P 500 Index SPX falling 0.04% to 6,037.59.

Tesla shares edge higher and Super Micro Computer dips after both stocks posted sharp gains on Tuesday, while MicroStrategy follows Bitcoin’s price lower.

Financial writer discusses Super Micro Computer's drastic stock drop, accounting scandal, and limited upside potential despite overcoming challenges.

Super Micro Computer (NASDAQ: SMCI) stock lost ground over the last week of trading. The company's share price closed out Friday's session down 13.3% from the previous week's close, according to data from S&P Global Market Intelligence.

Super Micro Computer shares are flat Thursday, down 13% over the past five sessions. The stock may face headwinds as the Federal Reserve on Wednesday signaled a more cautious approach to rate cuts.

Key Takeaways Major U.S. indexes were little changed and slightly higher at midday Thursday, looking to add to gains earlier in the week. Boeing shares got a boost from positive comments about new CEO Kelly Ortberg by Elon Musk.