Check out the companies making headlines yesterday:

Pegasystems (NASDAQ: PEGA): Low-code automation software company Pegasystems (NASDAQ: PEGA) fell by 13.3% on Wednesday after the company reported second-quarter results showing a slowdown in contract growth as clients delayed software purchases. See our full article here.

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Reddit (NYSE: RDDT): Online community and discussion platform Reddit (NYSE: RDDT) fell by 5.9% on Wednesday after reports revealed the company is reconsidering its AI data-licensing agreement with Google. See our full article here.

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Everforth (NYSE: EFOR): IT services provider Everforth (EFOR) rose by 14.6% on Wednesday after Truist Securities upgraded the stock to 'Buy' from 'Hold' and raised its price target. See our full article here.

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Super Micro (NASDAQ: SMCI): Server solutions provider Super Micro (NASDAQ: SMCI) rose by 22.9% on Wednesday after the company reported strong preliminary fourth-quarter results, highlighted by a massive surge in its gross margin forecast, record-breaking new orders, and a major data center partnership with SpaceX. See our full article here.

Is now the time to buy Super Micro? Access our full analysis report here, it’s free.