Stock market today: Stocks slide as Wall Street's year of 20% gains ends on a quiet note
Shares of the AI server maker were on track to notch a yearly gain of just 6% on Tuesday afternoon — far less than other AI-themed stocks that have thrived in the bull market in 2024. And despite turning positive for the year in December, Super Micro shares remained far below their highs near $120 in mid-March.
"I think for a lot of people, predicting the negative has been painful," Lazard's Ron Temple said.
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The S&P 500 and the Dow Jones Industrial Average were down Wednesday morning while the Nasdaq composite was slightly up.
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