---
title: "BREAKING: Super Micro Computer, $SMCI, has now lost one third of its value since the February 16th top."
description: "In less than 2 full trading days, $SMCI has lost ~$20 billion in market cap. Still, the stock is trading at levels seen just 5 trading days ago. Even with the decline since Friday, $SMCI is currently up a massive 160% in 2024.\n\nSource: The Kobeissi Letter"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [BREAKING: Super Micro Computer, $SMCI, has now lost one third of its value since the February 16th top.](https://blog.syzgroup.com/syz-the-moment/breaking-super-micro-computer-smci-has-now-lost-one-third-of-its-value-since-the-february-16th-top)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Feb 20, 2024, 4:37:09 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/breaking-super-micro-computer-smci-has-now-lost-one-third-of-its-value-since-the-february-16th-top)

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