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Riding the Bull: Super Micro Computer and Deckers Outdoor Surge Upward in Monday’s Pre-Market Trading

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At the crack of dawn today, U.S. stock futures presented a mixed bag, with the Dow futures ebbing about 50 points lower as Monday began.

One notable heavyweight, Super Micro Computer, Inc. SMCI, caught the bulls’ attention in today’s pre-market scrimmage.

Joining the illustrious S&P 500 Index on March 18, Super Micro Computer replaced Zions Bancorporation, National Association ZION in this exclusive club, as announced by S&P Dow Jones Indices, a segment of the revered S&P Global family.

The news jolted Super Micro Computer shares, catapulting them skyward by 13.4% to reach $1,027.00 during pre-market hustle.

The surge didn’t end there. A posse of high-flying stocks made their presence felt in the pre-market trading battleground:

  • BitFuFu Inc. FUFU staged a breathtaking ascent by 173%, landing at $17.44 after sealing the deal with Arisz Acquisition Corp.
  • Bitdeer Technologies Group BTDR charted a 16.5% climb to $7.88 in the pre-market arena.
  • Digital World Acquisition Corp. DWAC rebounded by 15.4% to touch $44.94 following a slight dip of over 5% on Friday.
  • Macy’s, Inc. M sprang up by 13.3% to $20.40 with an enticing bid from Arkhouse & Brigade Capital looming at $24 per share.
  • Akero Therapeutics, Inc. AKRO made a healthy 11.4% leap to $30.99 after a modest 3% growth on Friday.
  • Bitfarms Ltd. BITF saw a 10.9% increase to $3.25, announcing $15.1 million in total proceeds from netting 300 BTC in February 2024.
  • CleanSpark, Inc. CLSK surged by 9.8% to $19.61, unveiling a Bitcoin mining update for February 2024 the previous Friday.
  • MicroStrategy Incorporated MSTR rode the Bitcoin wave, witnessing an 8.8% uptick to $1,173.80 in pre-market dealings.
  • Coinbase Global, Inc. COIN ascended by 7.2% to $220.57, keeping pace with Bitcoin’s price surge.
  • Deckers Outdoor Corporation DECK logged a 7.1% climb to $967.28 in pre-market activity, all set to join the S&P 500 in lieu of Zions Bancorporation.

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For more exciting market developments, be sure to dive into the world of investor sentiment and see how the Nasdaq has hit new highs.

And hey, don’t forget to swing by for a dose of our premarket coverage!


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