Super Micro Computer Inc. Stock Advances 5.4%, Outperforms Market

Dow Jones09-22 04:33

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

Shares of Super Micro Computer Inc. advanced 5.4% to $41.20 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.5% to 7,764.70 and the Dow Jones Industrial Average rising 0.7% to 52,048.83.

Super Micro Computer Inc. closed 29.9% short of its 52-week high of $58.78, which the company achieved on October 9th.

The stock demonstrated a mixed performance when compared to some of its peers, as HP Inc. fell 4.2% to $32.95, Intel Corp. rose 12.1% to $121.78, and Digi International Inc. rose 0.85% to $72.74.

Trading volume totaled 47.6 million, compared to the 50-day average of 47.1 million.

Data source: Dow Jones Market Data, FactSet

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