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Earnings Outlook: Super Micro stock soars more than 20% as outlook hiked before earnings for second consecutive quarter

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Super Micro Computer Inc. shares rallied in the extended session Wednesday after the server and data-storage company hiked its outlook for a second quarter in a row just before its earnings report.

Super Micro SMCI shares surged 22% after hours, following a 4.1% rise to close the regular session at $45.57.

The company said it expects adjusted…

Lawrence A. Cunningham’s Quality Investing: Success breeds excess: Make sure you own stock in companies where employees are competitive, not complacent.

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