Super Micro Stock Rises Thursday: What's Happening?
Shares of Super Micro Computer are surging Thursday afternoon following blowout fourth-quarter earnings from Microsoft.
Super Micro Computer's stock went up because Microsoft had really great earnings, which makes people think companies that sell computer parts to big tech companies might do well too. When one big tech company does great, investors often get excited about the smaller companies that help them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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