Why Super Micro Computer Stock Triumphed on Thursday
Super Micro Computer (SMCI 10.18%) is expanding, at least in terms of its retail footprint. Typically, when a company ponies up to buy more property, it means it's preparing for an upswing in business.That's the way the market seemed to take the news on Thursday, as they pushed up Super Micro's stock by more than 10% on the day. That figure was well above the 1.3% increase of the S&P 500 index.Snapping up some expensive real estateIn a regulatory filing, Super Micro divulged that it formally entered into an ...