S&P 500 Gains and Losses Today: Supermicro Stock Rallies To Finish Strong Week
Major U.S. equities indexes rose Friday to close out a strong week for stocks highlighted by earnings from chipmaker Nvidia (NVDA) and major retailers.
Super Micro's stock is having a historic week — but it's still 70% off its highs
There were various positive developments for Super Micro this week, beyond the news that the company has a new auditor.
Are These Beaten Down Stocks Worth a Look? SMCI, NKE
The performance of a few stocks over the last few months has left a sour taste in investors' mouths, with popular stocks such as NIKE NKE and Super Micro Computer SMCI unable to gain any meaningful traction.
What's Happening With Super Micro Stock?
Super Micro Computer stock (NASDAQ: SMCI) gained about 15% in Thursday's trading and remains up by close to 66% over the past week. The gains come as the company appears to have bought itself more time from being delisted from the Nasdaq exchange amid delays in filing its financial reports.
Super Micro Computer shares face volatility amid delisting risks and auditor shift
Shares of Super Micro Computer (SMCI) were down 0.2% to $29.08 early Friday, following a 15% gain on Thursday. The server maker's stock has seen significant swings this week, reflecting both optimism over its filing plans and concerns about potential delisting from the Nasdaq.
Why SMCI stock price is rallying
The still-ongoing controversy surrounding Super Micro Computer (NASDAQ: SMCI) is one of the most notable events to happen in the booming semiconductor industry in 2024.
Super Micro Stock Slips After Bounce. SMCI Delisting Fears Remain at End of Volatile Week.
Share options show traders expect prices for the server maker to remain volatile for weeks.
Super Micro Computer Stock Jumped Today. Here's What Investors Need to Know
Super Micro Computer Stock Jumped Today. Here's What Investors Need to Know
Why Super Micro Computer Stock Is Soaring Today
Supermicro's highly volatile stock is getting a boost from Nvidia today.
Options Trades in SMCI and GOOGL
Following Nvidia (NVDA) earnings, Supermicro (SMCI) was mentioned among the chipmaker's "reliable partners" alongside Dell, Foxconn and others. Meanwhile, Alphabet (GOOGL) faces DOJ pressure to sell its Chrome browser.
Super Micro Computer: Bargain Buying Opportunity Has Finally Arrived (Upgrade)
Super Micro Computer, Inc. has appointed BDO USA as its new auditor, potentially reducing Nasdaq delisting risks. SMCI's operational performance faces substantial uncertainties, as customer orders could be rerouted further to its key rivals. SMCI's valuation bifurcation suggests the market has priced in extreme pessimism.
Super Micro Computer May Have Avoided a Major Risk. Is This Beaten-Down Stock a Buy?
Super Micro Computer May Have Avoided a Major Risk. Is This Beaten-Down Stock a Buy?
