Super Micro Computer Inc. Stock Falls 3.4%, Underperforms Market

Dow Jones04:35

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

Shares of Super Micro Computer Inc. shed 3.4% to $41.78 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.8% to 7,683.69 and Dow Jones Industrial Average falling 0.7% to 51,481.51.

The stock's fall snapped a two-day winning streak.

Super Micro Computer Inc. closed 28.9% short of its 52-week high of $58.78, which the company reached on October 9th.

The stock demonstrated a mixed performance when compared to some of its peers, as HP Inc. rose 0.1% to $31.32, Intel Corp. fell 5.7% to $116.03, and Digi International Inc. fell 0.10% to $78.22.

Trading volume totaled 29.3 million, compared to the 50-day average of 48.5 million.

Data source: Dow Jones Market Data, FactSet

 

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