Super Micro Jumps, Danaher Falls, Northrop Grumman Slips
Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers:- Super Micro Computer (SMCI) shares rose more than 15% in extended trading after the server maker issued preliminary quarterly results saying its order backlog rose to a record in excess of $60 billion. Fiscal fourth-quarter revenue will fall on the low end of the previous guidance of $11 billion to $12.5 billion, Super Micro said Tuesday in a statement. Sales have surged for Super Micro’s servers fitted with Nvidia Corp. chips for artificial intelligence workloads. But…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.