Super Micro Joins Nasdaq-100, Replacing Walgreens Amid AI Growth Recognition
TL;DR Summary
Super Micro Computer (SMCI) shares rose over 3% in premarket trading following the announcement of its inclusion in the Nasdaq-100 Index, replacing Walgreens Boots Alliance. The AI server maker's stock has surged more than 200% in the past year, significantly boosting its market capitalization. Walgreens will be removed from several indices due to its declining stock performance.
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