SMCI stock price continues to drop: What is happening with Super Micro and EY?
A major selloff of the server company’s shares looks like it may continue into a second day after news broke that its auditor has resigned. Shares in Super Micro Computer, Inc. (Nasdaq: SMCI) have had a roller coaster of a year,
Super Micro still can’t say when it will file annual report, and its stock drops
Super Micro says its special committee has so far found that its audit committee “acted independently and that there is no evidence of fraud or misconduct on the part of management” or the board.
Super Micro stock slides 10% on weaker-than-expected outlook, uncertainty over annual filing
Super Micros shares slid on Tuesday as the company's latest earnings results fell short of Wall Street's expectations. The company also said it couldn't predict the timeline for filing its 10-K.
Super Micro says cannot predict timing of annual filing; shares down
Super Micro Computer said on Tuesday it cannot predict when it would file its annual report with the U.S. Securities and Exchange Commission and that the results of a special committee probe showed there was no evidence of fraud on the part of management or the board.
Super Micro Stock Tumbles After Business Update. There Was No Full-Year Outlook.
On Tuesday, Super Micro said its independent “Special Committee” formed by the board of directors and led by independent counsel found “no evidence of fraud or misconduct on
Supermicro’s stock falls on revenue miss and uncertainty over annual filing, increasing fears of a delisting
Supermicro's stock falls on revenue miss and uncertainty over annual filing, increasing fears of a delisting - SiliconANGLE
Will Super Micro Stock Get Delisted? Dell Stock Gains Amid Uncertainty.
Analysts are weighing the chances that Super Micro Computer could be delisted from the Nasdaq exchange over its accounting issues.
Super Micro Computer could be delisted from the Nasdaq this month amid a steep plunge following auditor's resignation
This isn't the first time Super Micro Computer investors faced delisting risks. In 2018, trading in the stock was suspended ...
Why Super Micro Computer's Stock Is Plunging After Its Business Update Tuesday
Tuesday's update comes after shares tumbled last week in the wake of EY's resignation as the company's auditor, and follows ...
3 Significant Risks That Market Has Yet To Price In For Super Micro Computer
Super Micro Computer faces YTD declines amid accounting issues and an auditor resignation. Learn why SMCI stock may be ...
Super Micro shares fall as server maker misses sales targets, annual filing uncertain
Super Micro Computer , whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of ...
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SMCI: Impending Doom or a Massive Buy the Dip Opportunity
From the all-time high of $118.81 in March 2024, SMCI stock hit a 52-week low of $25.02 on Monday, but is currently priced at ...
Inside Super Micro's Crisis: 5 Scenarios That Could Define Its Future (Rating Downgrade)
Super Micro's stock fell over 45% following governance issues and auditor EY’s resignation, highlighting significant risks.
Super Micro Computer Stock Sinks On Preliminary Q1 Results, Q2 Guidance, Business Update
Super Micro Computer provides a business update for the first quarter and reported preliminary results after the market close ...
Supermicro (SMCI) stock plunges 35%—here’s why
Ernst & Young resigned as the auditor of Super Micro Computer today. Supermicro stock no longer looks attractive following ...
QQQ Volatile on Mixed Mag 7 Earnings, SMCI
The tech-heavy growth stock proxy, Invesco QQQ Trust ETF (QQQ), touched its all-time high Tuesday on hopes for a big earnings ...
Super Micro faces mounting questions as negative news builds: Wedbush
Super Micro Computer faces mounting questions as to the future of the company, including if it can avoid becoming delisted ...