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Why Super Micro Computer Rallied This Week

TheMotleyFool

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Why Super Micro Computer Rallied This Week: https://g.foolcdn.com/editorial/images/705660/gettyimages-1180684429.jpg

Shares of Super Micro Computer (NASDAQ: SMCI) rallied this week, up 13.6% through Thursday trading.

This under-the-radar hardware stock was once again able to defy somewhat negative sentiment around technology companies this week -- a theme that echoes Super Micro's accomplishments throughout the year.

While Super Micro didn't report September earnings, it did issue an earnings pre-announcement on Wednesday evening that came in well ahead of prior guidance, leading to a big 10% rally on Thursday.

Source Fool.com

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