Super Micro Computer Inc. Stock Slides 16.0%, Underperforms Competitors

Dow Jones
28 Feb

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

Shares of Super Micro Computer Inc. tumbled 16.0% to $42.95 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.6% to 5,861.57 and Dow Jones Industrial Average falling 0.4% to 43,239.50.

Super Micro Computer Inc. closed 65.1% short of 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 2.1% to $33.13, Intel Corp. fell 1.8% to $23.09, and Digi International Inc. fell 4.06% to $30.70.

Trading volume totaled 119.7 million, compared to the 50-day average of 68.1 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 27, 2025 16:33 ET (21:33 GMT)

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