Super Micro Jumps After Preliminary Outlook Shows Rising Backlog Cathie Wood Shopify Stock Purchase [q5PQEvXXRnm]
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Super Micro Computer Inc.shares rose more than 15% in extended trading after the server maker issued preliminary quarterly results saying its order backlog rose to a record in excess of $60 billion.
Fiscal fourth-quarter revenue will fall on the low end of the previous guidance of $11 billion to $12.5 billion, Super Micro said Tuesday in astatement.
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