Will Super Micro Stock Get Delisted? Dell Stock Gains Amid Uncertainty.

Dell Stock Gains Amid Uncertainty

Dell Technologies Inc. (DELL) stock rose more than 2% in premarket trading on Thursday after the company reported better-than-expected earnings for the fourth quarter.

The company reported earnings per share of $1.88, beating the consensus estimate of $1.78. Revenue was also higher than expected, coming in at $26.1 billion versus the estimate of $25.9 billion.

Dell's results were driven by strong demand for its servers and storage products. The company also benefited from cost-cutting measures it has implemented in recent quarters.

Super Micro Stock Declines After Delisting Warning

Shares of Super Micro Computer Inc. (SMCI) fell more than 10% in premarket trading on Thursday after the company received a delisting warning from the Nasdaq Stock Market.

The Nasdaq said that Super Micro has not met the minimum bid price requirement for continued listing on the exchange. The company has 180 days to regain compliance or it will be delisted.

Super Micro said it is "actively working to address" the Nasdaq's concerns. The company said it is confident that it will be able to maintain its listing on the exchange.

Analysts Weigh In

Analysts were mixed on the news. Some said that Dell's results were a sign that the company is recovering from its recent struggles. Others said that Super Micro's delisting warning is a major concern.

"Dell's results were better than expected, but the company still has a lot of work to do," said analyst Brian White of Drexel Hamilton. "The company needs to continue to execute on its cost-cutting plan and it needs to find ways to grow its revenue."