Super Micro Computer Inc. Stock Advances 10.6%, Outperforms Market

Dow Jones
Aug 05

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

Shares of Super Micro Computer Inc. climbed 10.6% to $31.69 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.8% to 7,736.52 and the Dow Jones Industrial Average rising 1.7% to 54,085.88.

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

Super Micro Computer Inc. closed 46.6% below its 52-week high of $59.40, which the company achieved on August 5th.

The stock demonstrated a mixed performance when compared to some of its peers, as HP Inc. rose 6.3% to $28.82, Intel Corp. rose 10.8% to $100.86, and Digi International Inc. rose 2.47% to $72.14.

Trading volume totaled 55.2 million, compared to the 50-day average of 57.4 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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10