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Why Super Micro Computer Stock Had a Super Massive 188% Gain in the 1st Half of 2024

TheMotleyFool

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Why Super Micro Computer Stock Had a Super Massive 188% Gain in the 1st Half of 2024: https://g.foolcdn.com/editorial/images/783184/investor-smiles-largely-with-hand-on-head-while-looking-at-computer.jpg

Shares of computing company Super Micro Computer (NASDAQ: SMCI) had a super, massive 188.2% gain in the first half of 2024, according to data provided by S&P Global Market Intelligence. That's incredible enough. But by March, the stock was already up more than 300% year to date, which dwarfs its first-half returns by comparison.

Put another way, Super Micro Computer stock is down more than 20% from its 2024 high. So, depending on when investors bought shares, they're either really happy or a little disappointed.