Super Micro Computer Inc. Stock Advances 7.9%, Outperforms Market

Dow Jones

Jul 31

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

Shares of Super Micro Computer Inc. rose 7.9% to $27.73 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.7% to 7,437.63 and the Dow Jones Industrial Average rising 1.2% to 52,208.06.

The stock's rise snapped a four-day losing streak.

Super Micro Computer Inc. closed 55.5% short of its 52-week high of $62.36, which the company reached on July 31st.

The stock demonstrated a mixed performance when compared to some of its peers, as HP Inc. fell 5.5% to $26.86, Intel Corp. rose 11.3% to $91.13, and Digi International Inc. rose 4.06% to $68.19.

Trading volume totaled 37.0 million, compared to the 50-day average of 57.2 million.

Data source: Dow Jones Market Data, FactSet

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