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Why Super Micro Computer Shares Are Trading Higher By Over 15%; Here Are 20 Stocks Moving Premarket

Shares of Super Micro Computer Inc (NASDAQ: SMCI ) rose sharply in pre-market trading after the company provided strong preliminary results for the fourth quarter. Super Micro announced its backlog grew to "record levels" after the company received total new orders of more than $60 billion during its fiscal fourth quarter. The company expects to deliver these new orders in future quarters. Revenue for the fourth quarter is expected to come in close to the lower end of its prior guidance of $11 billion to $12.5 billion Super Micro Computer shares jumped 15.5% to $29.46 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers INLIF Ltd (NASDAQ: INLF ) gained 202.9% to $6.75 in pre-market trading after declining 3% on Tuesday. China SXT Pharmaceuticals Inc (NASDAQ: SXTC ) gained 100.5% to $5.37 in pre-market trading after rising 9% on Tuesday. Core AI Holdi...

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Shares of Super Micro Computer Inc (NASDAQ: SMCI ) rose sharply in pre-market trading after the company provided strong preliminary results for the fourth quarter. Super Micro announced its backlog grew to "record levels" after the company received total new orders of more than $60 billion during its fiscal fourth quarter. The company expects to deliver these new orders in future quarters. 46 in pre-market trading.

Here are some other stocks moving in pre-market trading. 75 in pre-market trading after declining 3% on Tuesday. 37 in pre-market trading after rising 9% on Tuesday. 67 in pre-market trading after declining more than 16% on Tuesday.

93 in pre-market trading. In early July, Antelope Enterprise reported semi-annual results for the six months ended Mar. 7 million a year earlier. 64 in pre-market trading after gaining over 5% on Tuesday.

23 in pre-market trading following a Securities and Exchange Commission (SEC) disclosure that the California-based green energy technology company terminated its warrant exchange and registration rights agreements, both dated May 12. 30 in pre-market trading. Arko Corp. 41 in pre-market trading.

41 in pre-market trading. 44 in pre-market trading after jumping more than 222% on Tuesday. 35 in pre-market trading after jumping 68% on Tuesday. Jiuzi Holdings recently announced that it intends to sign a cooperation agreement with a company specializing in AI intelligent imaging and data platform technologies.

042 in pre-market trading after dipping 73% on Tuesday. 086 in pre-market trading after the company announced a 1-for-50 reverse stock split to support continued NYSE American listing compliance. 082 in pre-market trading after the company announced a 1-for-150 reverse stock split. 10 in pre-market trading after jumping 790% on Tuesday.

China Pharma announced it was not aware of any material corporate development regarding unusual market activity in its common shares on July 21. 26 in pre-market trading after dipping 64% on Tuesday. 82 in pre-market trading after jumping 92% on Tuesday. 00 in pre-market trading after the company reported worse-than-expected second-quarter financial results.

70 in pre-market trading after the company announced certain preliminary second quarter results. Photo via Shutterstock