Why Super Micro Computer Stock Rocketed Higher Again Today
Super Micro Computer (NASDAQ: SMCI) stock is soaring again today. Shares were up by 17.3% as of 2:25 p.m. ET. That's on top of what has been quite a week so far. The stock has exploded higher by about 70% just this week alone.Of course, investors following the provider of server stacks and advanced cooling systems for data center computers know of the precipitous fall from grace the company has had over the last year. The stock was down by about 70% over the last nine months of 2024.But an important day is coming next week and investors are piling into the stock in anticipation of more positive news from Supermicro.Continue reading
Super Micro Computer (NASDAQ: SMCI) stock is soaring again today. Shares were up by 17.3% as of 2:25 p.m. ET. That's on top of what has been quite a week so far. The stock has exploded higher by about 70% just this week alone.
Of course, investors following the provider of server stacks and advanced cooling systems for data center computers know of the precipitous fall from grace the company has had over the last year. The stock was down by about 70% over the last nine months of 2024.
But an important day is coming next week and investors are piling into the stock in anticipation of more positive news from Supermicro.
