Super Micro Computer Inc. Stock Falls 8.4%, Underperforms Peers

Dow Jones10-15 04:33

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

Shares of Super Micro Computer Inc. slid 8.4% to $35.78 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,718.94 and Dow Jones Industrial Average falling 0.1% to 51,621.48.

This was the stock's fifth consecutive day of losses.

Super Micro Computer Inc. closed 36.8% below its 52-week high of $56.60, which the company achieved on October 20th.

The stock underperformed when compared to some of its peers, as HP Inc. fell 0.6% to $30.46, Intel Corp. fell 4.6% to $98.12, and Digi International Inc. fell 4.30% to $71.37.

Trading volume totaled 32.0 million, compared to the 50-day average of 43.4 million.

Data source: Dow Jones Market Data, FactSet

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