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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week

AIA Group Ltd reduced its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 37.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,500 shares of the company’s stock after selling 2,100 shares during the quarter. AIA Group Ltd’s holdings […]

Super Micro Computer shares are falling Friday after the company announced its third quarter earnings release date and did not provide preliminary estimates as it has done in the past. Investors are concerned that the lack of quarterly preliminary estimates may be a sign of worse-than-expected financial results for SMCI.

Super Micro Computer (NASDAQ:SMCI – Free Report) had its target price increased by Loop Capital from $600.00 to $1,500.00 in a research note issued to investors on Tuesday morning, Benzinga reports. They currently have a buy rating on the stock. Other equities analysts also recently issued research reports about the stock. Barclays upped their price […]

These are the stocks posting the largest moves in midday trading.