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Stock impact report

Why Shares of SMART Global Holdings Jumped 22% Last Month [The Motley Fool]

SMART Global Holdings, Inc. - Ordinary Shares (SGH) 
Last smart global holdings, inc. - ordinary shares earnings: 4/7 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.smartm.com
Company Research Source: The Motley Fool
An analyst's bullish note to investors sparked a positive sentiment towards the company's stock. Chris Neiger ( TMFNewsie ) Dec 5, 2018 at 4:30PM What happened Shares of memory-chip maker SMART Global Holdings   ( NASDAQ:SGH ) popped 22.4% in November, according to data provided by S&P Global Market Intelligence , after an analyst from Stifel called one of the company's businesses a diamond in rough and maintained a buy rating for SMART's shares. So what Back in July, SMART bought a company called Penguin Computing, which specialized in compute memory storage solutions for artificial intelligence and machine-learning solutions. SMART then used Penguin to start a new business segment called Specialty Compute & Storage (SCS), and according to Stifel analyst Kevin Cassidy, SCS is poised for lots of growth in fiscal 2019. Image source: Ge Show less Read more
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