Super Micro Computer Inc. Stock Slips 13.0%, Underperforms Competitors

Dow Jones
03-04

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

Shares of Super Micro Computer Inc. tumbled 13.0% to $36.07 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.8% to 5,849.72 and Dow Jones Industrial Average falling 1.5% to 43,191.24.

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

Super Micro Computer Inc. closed 70.7% 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 2.7% to $30.04, Intel Corp. fell 4.2% to $22.74, and Digi International Inc. fell 4.09% to $29.29.

Trading volume totaled 99.5 million, compared to the 50-day average of 70.4 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 03, 2025 16:32 ET (21:32 GMT)

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