Why Super Micro Computer Stock Blasted Higher on Monday Morning
Shares of server and storage-solution specialist Super Micro Computer (NASDAQ: SMCI), also known as Supermicro, resumed their relentless rise Monday, surging as much as 21.1%. As of 10:43 a.m. ET, the stock was still up 18.4%.
The catalyst that sent the artificial intelligence (AI) stock higher was an announcement it would be joining a major trading index.
An announcement released after market close on Friday revealed that Supermicro would be joining the S 500. The stock will be replacing home appliance specialist when the market opens on March 18. In a press release marking the occasion, S Global noted, "the changes ensure that each index is more representative of its market capitalization rage."
Source Fool.com
Whirlpool Corp. Aktie
86,98 €
-1,14 %
Whirlpool Corp. erlebt eine mäßige Unbeliebtheit, mit mehr Sell- als Buy-Einschätzungen.
Mit einem Kursziel von 79 € für Whirlpool Corp. könnte eine leichte Minderung gegenüber dem aktuellen Kurs von 86.98 € erreicht werden.
