Reported about 6 hours ago
Supermicro's shares surged 12% after the company submitted its delayed financial reports just before the Nasdaq's deadline, avoiding delisting. Despite a 40% decline over the past year due to allegations, the stock has gained 68% since the start of the year, buoyed by positive growth expectations in AI infrastructure. Investors are advised to monitor critical price levels around $63, $75, and $96 for potential resistance, while support levels are seen near $48 and $38.
Source: YAHOO