Closing Bell: Super Micro Jumps, Alphabet Slides, Netflix Down
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Griefeld, Carol Massar and Tim Stenovec - Super Micro Computer (SMCI) shares jumped as much as 20% on Monday, the most in more than a month, after GF Securities Co. Ltd. raised its rating on the server maker to buy from hold. Analyst Evan Lee sees “higher AI server visibility,” while recent weakness has created “an attractive entry point, as the underlying demand fundamentally…
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