Why SMCI stock is surging today
Super Micro Computer(SMCI) Finbold·2024-11-18 20:54
The share price of Super Micro Computer (NASDAQ: SMCI) is trading in the green after weeks of losses as investors await an update on the company’s remediation plan.SMCI is up over 12% in pre-market trading on November 18 at $20.84. This move extended Friday’s gains, which saw the stock end the day up 3.16%. Supermicro is attempting a recovery, having plunged almost 35% year-to-date from as high as $118.SMCI one-day stock price chart. Source: Google FinanceWhy SMCI stock is rallying This momentum is a welcom ...