Super Micro’s Wild Ride: Delisting Fears Loom Despite a 60% Weekly Surge

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Super Micro’s Wild Ride: Delisting Fears Loom Despite a 60% Weekly Surge. 💼 Super Micro Computer (SMCI) sees a roller-coaster week with a 60% rally but ongoing delisting risks due to delayed earnings filings. Amid new auditor hires and Nvidia partnership mentions, volatility remains the name of the game. MarketWatch reports.

🔍 UnSearch: Google must sell Chrome to restore competition in online search, DOJ says. Reuters reports.

🔄 NVFlux: Nvidia shares fluctuate as investors digest third-quarter earnings. CNBC reports.

📉 Warnerdrop: Warner Music Group shares drop 9% on effects of terminated distribution deal with BMG. MarketWatch reports.

⚠️ CrashPal: PayPal fixes outage that affected thousands worldwide. Reuters reports.

🚗 CostDrive: Mercedes plans to cut costs by several billion euros per year. Reuters reports.

🔧 BoschBalance: Bosch to reduce hours for 450 employees due to tough economy. Yahoo Finance reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $WCT: Wellchange Holdings
Total gain: 84.4%

2. $VRPX: Virpax Pharmaceuticals
Total gain: 66.33%

3. $GDHG: Golden Heaven Group
Total gain: 32.43%

4. $MMA: Alta Global Group
Total gain: 30.93%

5. $ESTC: Elastic
Total gain: 28.54%

Factors That Cause Market Fluctuation

The stock market is composed of large and small investors making uncoordinated decisions about a variety of investments. The market is like an ecosystem organized by an invisible hand. Some basic economic principles help explain market movements, and with experience and data, more specific indicators help market experts identify fluctuations.

📰 Read more

The closing price of the top three market percent gainers trading near or above $3 on November 21.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1. $CRNC: Cerence
Total gain: +106.38%
The company announced its fourth-quarter and fiscal year 2024 results for the year ending September 30, 2024. Q4 revenue exceeded the high end of guidance, with positive cash flow from operations totaling $6.1 million. The transformation plan remains on track, expected to deliver net annualized cost savings of $35–$40 million. The initial fiscal year 2025 revenue guidance is set at $236–$247 million. Benzinga reports.

2. $CTV: Innovid
Total gain: +86.11%
Mediaocean and Innovid have announced a definitive agreement under which Mediaocean will acquire Innovid. As part of the deal, Innovid will merge with Flashtalking to form a leading global, independent, omnichannel ad tech platform. Mediaocean will acquire Innovid at $3.15 per share of common stock, valuing the transaction at approximately $500 million in enterprise value and around $525 million in equity value. The acquisition is expected to close in early 2025. Benzinga reports.

3. $SPAI: Safe Pro Group
Total gain: +39.38%
The company announced that it has signed a memorandum of understanding with a new U.S. prime contractor to develop innovative threat detection solutions for domestic and international government stakeholders. Benzinga reports.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

GB: Global Blue Gr Holding
2Q 2025
Before Market Open
Estimate: 0.070
Actual: N/A

DLNG: Dynagas LNG Partners
3Q 2024
Before Market Open
Estimate: 0.280
Actual: N/A

DXLG: Destination XL Group
3Q 2024
Before Market Open
Estimate: 0.030
Actual: N/A

Time (ET) / Report / Period

8:30 am - Initial jobless claims - November 16
8:30 am - Philadelphia Fed manufacturing survey - November
8:45 am - Cleveland Fed President Beth Hammack welcoming remarks
10:00 am - Existing home sales

“The successful investor is usually an individual who is inherently interested in business problems.”

― Philip FisherSourced in:
“Common Stocks and Uncommon Profits”, by Philip Fisher, published in 1958