“Super Micro shares soar 36% to record on uplifting preliminary results”
January 23, 2024
“Super Micro Computer, one of the best-performing tech stocks of the past few years, soared 36% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates…
The uplifting numbers follow a 246% pop in Super Micro’s stock last year and a jump of 87% in 2022. Since the end of 2018, the stock has climbed almost 30-fold, meaning a $10 million bet on the company five years ago would have resulted in a stake worth almost $300 million today…”
https://www.cnbc.com/2024/01/19/super-micro-smci-jumps-on-q2-preliminary-earnings.html