Super Micro Computer (SMCI), a company that makes computer servers, had some big news! Its stock price went up a lot because it finished its late paperwork before a deadline. This prevented the company from being kicked off the stock market.
- The company's stock price jumped 12% in one day.
- The price increase happened because they finished their financial reports on time.
- The stock had been going down for a while before this good news.
| Stock Price Change | Important Levels |
|---|---|
| Rose 12% in one day | Resistance at $63, $75, and $96 |
| Up 68% since the start of the year | Support at $48 and $38 |
| Down over 40% in the last 12 months | Current price around $51 |
