Why Super Micro Computer Shares Are Trading Higher By Over 15%; Here Are 20 Stocks Moving Premarket
Shares of Super Micro Computer Inc (NASDAQ: SMCI) rose after reporting record backlog of $60B+ in orders and expected $11-12.5B in Q4 revenue. Gainers include INLIF Ltd, China SXT Pharma, Core AI Holdings, Antelope Enterprise, 20/20 Biolabs, Nuvve Holding, SK Telecom, Arko Corp, and LG Display. Losers include Ohmyhome Ltd, Jiuzi Holdings, LI Bang International, and Picard Medical.
Super Micro Computer has a huge pile of customer orders waiting to be filled ($60 billion worth), and they expect to make a lot of money soon. When a company has lots of orders, it can hint they're doing something customers want, but you'll want to watch if they can actually deliver all those orders on time.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.