Super Micro (SMCI) Stock Drops 12% on Report of New Smuggling Probe

TLDR Super Micro stock fell as much as 12% Thursday after a report of a federal probe. Manhattan prosecutors are reportedly checking if groups tied to Alice Huang tried to smuggle its products into China. The company says Megaspeed, where Huang is an executive, has never been a customer. Super Micro has a record of [...]

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