Why Super Micro Stock Is Tumbling Into Its Stock Split

Super Micro Computer once-highflying stock is set to split next week after taking a beating over regulatory concerns and disappointing financial results. Super Micro said on Aug. 6 that its board of directors had authorized a 10-for-1 split of its common stock, and that trading on a post-split basis would begin on Oct. 1. Chief Executive Charles Liang said at the time, with the stock up 117% year to date, that the aim was to “make ownership of Super Micro stock more accessible.”