This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Super Micro Computer Inc. surged 16.5% to $55.80 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.2% to 6,129.58 and the Dow Jones Industrial Average rising 0.0% to 44,556.34.
This was the stock's fourth consecutive day of gains.
Super Micro Computer Inc. closed 54.6% below its 52-week high of $122.90, which the company achieved on March 8th.
The stock outperformed some of its competitors, as HP Inc. rose 1.7% to $34.20, Intel Corp. rose 16.1% to $27.39, and Digi International Inc. rose 0.96% to $34.83.
Trading volume totaled 158.8 million, compared to the 50-day average of 59.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 18, 2025 16:33 ET (21:33 GMT)
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