Super Micro Computer Inc. Stock Rises 7.3%, Outperforms Peers

Dow Jones10-28

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

Shares of Super Micro Computer Inc. rallied 7.3% to $35.09 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,722.60 and the Dow Jones Industrial Average remaining mostly unchanged at 52,377.57.

The stock's rise snapped a three-day losing streak.

Super Micro Computer Inc. closed 35.1% below its 52-week high of $54.08, which the company achieved on October 29th.

The stock outperformed some of its peers, as HP Inc. fell 1.5% to $33.58, Intel Corp. rose 3.6% to $93.74, and Digi International Inc. rose 3.38% to $78.85.

Trading volume totaled 31.2 million, compared to the 50-day average of 37.7 million.

Data source: Dow Jones Market Data, FactSet

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment