Super Micro's stock drop: what's behind the sharp decline?

Shares of technology company Super Micro Computer experienced a sharp drop (up to 13%) earlier this week as investors reacted to new information that raised questions about the company's future. What factors contributed to such a significant drop and what does it mean for the company's future development?

Super Micro Computer $SMCI is one of three companies to be removed from the Nasdaq 100 index. The change comes after a sharp drop in the company's stock, which has lost 70% of its value since March, when it hit an all-time high of $118.81 per share. In addition to Super Micro Computer, Moderna $MRNA and Illumina $ILMN are also leaving the index , with Palantir $PLTR, MicroStrategy $MSTR and Axon Enterprise $AXON taking their places .

The removal from the Nasdaq 100 is a symbolic culmination of a challenging period for Super Micro Computer, during which the company struggled with financial problems, delays in filing financial results and allegations of accounting irregularities. In…