Why the Market Dipped But Super Micro Computer (SMCI) Gained Today
Super Micro Computer (SMCI) closed at $908.54 in the latest trading session, marking a +0.48% move from the prior day. This move outpaced the S&P 500's daily loss of 0.95%. Elsewhere, the Dow saw a downswing of 1.09%, while the tech-heavy Nasdaq depreciated by 0.84%.Heading into today, shares of the server technology company had lost 22.25% over the past month, lagging the Computer and Technology sector's gain of 1.67% and the S&P 500's gain of 1.78% in that time.Market participants will be closely followin ...