๐ Week Recap: SMCI +10%, RDDT +12%, CBRS -14% โ the week's biggest single-stock movers
What a week for single-stock action. Super Micro Computer ($SMCI) ripped 10%+ after forecasting $65โ72B in FY2027 revenue (vs. $53B consensus) with a record $60B backlog; Reddit ($RDDT) jumped ~12% on news it joins the S&P 500 on Aug 18; while Cerebras Systems ($CBRS) cratered 14% after its Q2 revenue missed estimates by 7% โ despite its top line doubling year-over-year. Coherent ($COHR), up 105% YTD, also slipped 6% despite beating Q4 earnings โ classic sell-the-news. Not financial advice. Which of these names are you watching when markets reopen Monday?
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