SMCI is trading at $21.72 (+5.8%) amid a sharp market rally after President Trump announced a five-day postponement of strikes on Iran, easing oil shock fears.
- The broader tech sector is rebounding with the NASDAQ up 2.49% and NVDA up over 2% as Brent crude prices fell 7% to $103/barrel.
- This recovery follows Friday's -33% plunge to $20.53 caused by a cofounder smuggling indictment; there is no new company-specific news today.