Super Micro’s stock bounces as company calls short-seller report ‘misleading’

Read Time:6 Second

Shares are among leading S&P 500 gainers early in Tuesday action as Super Micro looks to reassure customers

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.

Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.

Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived phenomenon.

Republican presidential nominee Donald Trump on Wednesday promised to cap interest rates for credit cards, but a veteran analyst predicts...

Fed Chair Jerome Powell emphasized a policy “recalibration.” Investors like the sound of it.

Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a...