Super Micro joining S&P 500 after stock price soars more than 20-fold in two years
Publishing timestamp: 2024-03-01 18:29:36
Summary
Super Micro Computer's shares rose over 8% after being selected to join the S&P 500 index, with its market cap surpassing $50 billion. The company has seen a historic rise in its stock price, benefiting from the artificial intelligence boom in the technology industry. Analysts expect its sales to more than triple in the current quarter.
Sentiment: POSITIVE
Tickers: WHR, ZION, DECK, NVDA, SMCI,
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