What's behind Supermicro stock's 30% rally

Though Super Micro Computer (NASDAQ: SMCI) is hardly out of the woods, it experienced something of a sudden recovery, first with a 15.93% rally on Monday, November 18, to its latest closing price of $21.54. The momentum continued into the extended trading session, pushing SMCI shares even higher.In fact, the after-hours and pre-market SMCI stock rally has been strong enough that, should the current levels be retained, Supermicro shares will open at their highest price since late October. The tech giant is u ...