Super Micro Computer shares rose after the server manufacturer reported fourth-quarter results that beat analysts’ forecasts. The stock gained about 9% in premarket trading as investors assessed its profitability trajectory. The San Jose, California-based company expects revenue of $14.5 billion to $15.5 billion for its fiscal first quarter, above the mid-point consensus of $11.8 billion according to FactSet. However, Wall Street remains divided on the stock’s valuation.
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