Super Micro Computer Inc. ($SMCI) Stock Volatile After 33% Correction, Short Sellers Profit $1.2 Billion, Intraday Bounce to $758

Super Micro Computer Inc. ($SMCI) experienced significant volatility in its stock price, with a 33% correction since Friday's high of $1078 to $700. Short sellers profited $1.2 billion as the stock fell, but there was also a notable intraday bounce from $692 to $758. Investors are closely monitoring the stock's movement, questioning how low it can go and speculating on potential rebounds.