SMCI Stock Soars To One-Month High On Margin Beat, $60B Order Book — But One Analyst Remains ‘Uncomfortable’
Super Micro Computer (SMCI) shares surged in morning trade on Wednesday after a slew of price hikes from Wall Street following the company’s preliminary quarterly update showing a sharp margin beat and a $60 billion order book for its fiscal fourth quarter.SMCI stock jumped as much as 24.6%, climbi…