Posted 3/4/2024, 8:26:00 PM
Super Micro Soars 25% to $63 Billion Valuation on S&P 500 Addition
- Super Micro Computer's stock surged 25% after being added to the S&P 500 index, adding over $220 per share
- The company now has a $63 billion market capitalization, fueled by the AI industry boom
- In the past 64 days, Super Micro's stock price has increased 295%
- Over the past 12 months, the stock has skyrocketed 1,047%
- Super Micro is replacing Whirlpool in the S&P 500 on March 18th, with Deckers Outdoor also joining the index