SMCI shares are trading higher after the company reported Q4 financial results, issued strong guidance and authorized a 10-for-1 forward stock split.
Portfolio Pulse from Benzinga Newsdesk
SMCI shares are trading higher following the company's Q4 financial results, strong guidance, and the authorization of a 10-for-1 forward stock split.
August 06, 2024 | 8:27 pm
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SMCI shares are trading higher after the company reported strong Q4 financial results, issued robust guidance, and authorized a 10-for-1 forward stock split.
The combination of strong Q4 financial results, positive future guidance, and a 10-for-1 forward stock split is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100