Thursday’s biggest gaining and declining stocks

Shawshank, VA 5/10/12 (StreetBeat) – These stocks made notable moves in U.S. trading on Thursday:

Gainers
Monster Beverage Corp. (Nasdaq: MNST) shares rose 11%. The company reported strong first-quarter sales growth as well as wider gross and operating margins.

News Corp. (Nasdaq: NWSA +5.26%) shares were up 5.3% a day after the company’s report of better-than-expected fiscal third-quarter results and its pledge to add $5 billion to its existing $5 billion stock repurchase plan. News Corp. is the parent company of Dow Jones & Co., which includes MarketWatch, the publisher of this report.

Tesla Motors Inc. (Nasdaq: TSLA +11.38%) shares climbed 14.4%. On Wednesday, the company posted a drop in first-quarter revenue and profit, but said it expects to begin delivering its all-electric Model S in June, a month ahead of schedule. The firm also upped the low end of its 2012 revenue estimate.

Decliners
Cisco Systems Inc. (Nasdaq: CSCO -8.56%) shares fell 8.5% a day after the firm issued a weaker-than-expected outlook for the current quarter, as Chief Executive John Chambers pointed to a “cautious” spending environment.

Silicon Graphics International Corp. (Nasdaq: SGI -20.79%) shares tumbled 20.5%. Late Wednesday, the company trimmed its outlook for the full year.

Universal Display Corp. (Nasdaq: PANL -8.99%) shares fell 10%. The company reported that its first-quarter loss narrowed, but the results missed Wall Street expectations.

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Super Micro Computer (Nasdaq: SMCI) shares fall on Q2 profit view

Tallahassee, FL 1/11/12 (StreetBeat)-- Super Micro Computer Inc's (Nasdaq: SMCI) shares fell 13 percent on Wednesday, after the server vendor cut its second-quarter outlook citing inability to meet demand as the floods in Thailand curtailed hard disk drive supplies.

"Hard drive supply situation will continue to impact Super Micro Computer for at least the March quarter, which would limit the company's ability to benefit from Intel's (Nasdaq: INTC) Romley server that is coming out in March," ThinkEquity analyst Rajesh Ghai told Reuters.

About 10-20 percent of Super Micro's supply may have been impacted by the Thailand floods, Ghai estimates.

Server products accounted for about 40 percent of the company's first-quarter sales. Super Micro's products also include storage systems and server components.

The San Jose, California-based company, which competes with Quanta Computer Inc and Silicon Graphics International (Nasdaq: SGI), expects adjusted second-quarter profit of 24 cents to 25 cents a share, down from its previous forecast of 27 cents to 32 cents a share.

Super Micro Computer's shares, which touched a low of $14.51, were trading down 8 percent at $15.24 on the Nasdaq.

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