Tiger Brokers

BUZZ-Super Micro recovers from declines, becomes top gainer on S&P 500

Reuters
Mar 05, 2025
BUZZ-Super Micro recovers from declines, becomes top gainer on S&P 500

** Shares of Super Micro Computer SMCI.O up 11.1% at $40.08, the biggest gainer on the benchmark S&P 500 .SPX

** AI-server maker logged declines of around 30% in the last three sessions

** Company filed its delayed annual report for the fiscal year ended June 30, along with its first and second quarter reports for fiscal 2025 on February 26, which sent its shares over 12% higher

** SMCI regained compliance with the NASDAQ index .IXIC following the filing, preventing de-listing from the index

** Company has logged gains in only one of the last nine sessions and is set on track for its second in ten

** Including the session's moves, SMCI up about 29% YTD, outperforming the S&P 500 and Nasdaq

(Reporting by Sukriti Gupta in Bengaluru)

((Sukriti.Gupta@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10