Super Micro Computer Inc. Stock Rallies 19.0%, Outperforms Peers

Dow Jones04:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Super Micro Computer Inc. jumped 19.0% to $37.61 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,748.50 and the Dow Jones Industrial Average remaining mostly unchanged at 53,770.27.

This was the stock's fourth consecutive day of gains.

Super Micro Computer Inc. closed 36.0% short of its 52-week high of $58.78, which the company achieved on October 9th.

The stock outperformed some of its peers, as HP Inc. rose 0.7% to $29.28, Intel Corp. rose 3.3% to $100.95, and Digi International Inc. rose 1.99% to $85.24.

Trading volume totaled 163.9 million, compared to the 50-day average of 57.2 million.

Data source: Dow Jones Market Data, FactSet

 

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