Super Micro Computer stock rises but trails competitors
Updated
Updated · MarketWatch · May 8
Super Micro Computer stock rises but trails competitors
10 articles · Updated · MarketWatch · May 8
Shares climbed 5.21% to $35.37 on Friday, with trading volume at 50.1 million, above the 50-day average of 39.5 million.
Despite the gain, the stock lagged HP, Intel and Digi International, which rose 8.05%, 13.96% and 6.05% respectively in a broadly positive market session.
Super Micro closed 43.28% below its 52-week high of $62.36 reached on July 31, while the S&P 500 rose 0.84% and the Dow added 0.02%.
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