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Feb 21, 10:12 PM
Economics
Business

SMCI Stock Surges 12% AH, Hits $1000 After 175 Points Gain

Authors
  • Scott Redler
  • trader
  • Joe Kunkle
5

Super Micro Computer Inc. (SMCI) stock saw a significant rise, hitting $800 after a bullish outlook, despite a convertible offering. The stock surged 12% after-hours and gained 175 points, reaching $1000, marking a 30% increase from the weekly low. Investors speculate on a new all-time high.

Written with ChatGPT (GPT-3).

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