Why Super Micro Computer Rallied This Week
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
