Synnex Corporation (SNX) Soars 1.15%

Synnex Corporation (SNX) Soars 1.15%

Synnex Corporation is a Synnex Corp is a provider of wholesale IT integration, distribution, and outsourcing services. The company operates in a single segment, which is technology solutions.

Synnex Corporation (SNX) had a good day on the market for Friday February 26 as shares jumped 1.15% to close at $89.16. About 299,678 shares traded hands on 4,638 trades for the day, compared with an average daily volume of n/a shares out of a total float of 51.6 million. After opening the trading day at $88.12, shares of Synnex Corporation stayed within a range of $90.49 to $87.57.

With today’s gains, Synnex Corporation now has a market cap of $4.6 billion. Shares of Synnex Corporation have been trading within a range of $92.00 and $21.22 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Synnex Corp is a provider of wholesale IT integration, distribution, and outsourcing services. The company operates in a single segment, which is technology solutions. Technology solutions distribute peripheral, IT systems, including data center servers and storage solutions; system components; software, networking, communication, & security equipment; consumer electronics; and complementary products. Synnex distributes its products to more than 25,000 resellers, system integrators, and retailers. Its services include Systems Design and Integration Solutions, Logistics, Cloud, Online, Financing, and Marketing. The majority of the firm’s revenue is derived from the United States of America.

Synnex Corporation is based out of Fremont, CA and has some 270,000 employees. Its CEO is Dennis J. Polk.

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