Super Micro Computer Inc. Stock Falls 5.4%, Underperforms Competitors

Dow Jones
02-22

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Super Micro Computer Inc. slid 5.4% to $56.07 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.7% to 6,013.13 and Dow Jones Industrial Average falling 1.7% to 43,428.02.

This was the stock's second consecutive day of losses.

Super Micro Computer Inc. closed 54.4% below its 52-week high of $122.90, which the company achieved on March 8th.

The stock underperformed when compared to some of its competitors, as HP Inc. fell 0.3% to $34.63, Intel Corp. fell 4.7% to $24.87, and Digi International Inc. fell 3.94% to $33.66.

Trading volume totaled 103.3 million, compared to the 50-day average of 65.9 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 21, 2025 16:35 ET (21:35 GMT)

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