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Super Micro Stock Tumbles
Super Micro stock slides over 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 shares fall as server maker misses sales targets, annual filing uncertain
Super Micro Computer, whose auditor unexpectedly stepped down last week, flagged uncertainty on Tuesday about the timing of its annual report but said a probe about accounting practices had not found evidence of fraud by the company.
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.
Hosted on MSN
16h
Super Micro Computer, Inc. (SMCI) Gains Bullish Outlook as Needham Highlights Leadership in Liquid-Cooled Data Center Solutions
While we acknowledge the potential of
SMCI
as an investment, our conviction lies in the belief that some AI stocks hold ...
Seeking Alpha on MSN
15h
Super Micro just reported preliminary Q1 results. Here's why the stock is tanking.
Super Micro Computer (SMCI) shares were active in late trading on Tuesday after the embattled artificial intelligence server ...
Yahoo Finance
18h
Super Micro Computer Posts Q1 Earnings: Are Delisting Fears Here To Stay Or Can The Stock Rebound?
Your biggest returns may not come from the
stock
market. Invest the way colleges, pension funds, and the 1% do. For a ...
3d
on MSN
SMCI Stock: Once-In-A-Lifetime Opportunity, or Is Super Micro Computer Doomed?
If you’re just looking at raw percentage gains since the AI mania began, Super Micro Computer (NASDAQ:SMCI) would probably ...
12h
Where Will Super Micro Computer Stock Be in 1 Year?
Analysts at Mizuho fear that the lack of an auditor (and possible challenges in getting a new one) could lead to a delisting ...
14h
on MSN
Why Super Micro Computer's Stock Is Plunging After Its Business Update Tuesday
Super Micro Computer (
SMCI
) shares plunged in extended trading Tuesday after ... compared to 27 cents a year earlier and ...
6d
on MSN
SMCI stock price continues to drop: What is happening with Super Micro and EY?
Investors in server maker Super Micro continue to flee after news this week that Ernst & Young has resigned as its auditor.
5h
Biggest stock movers Wednesday: DJT, SMCI, and more
Stock futures moved higher Wednesday morning as former President Donald Trump appeared close to winning the presidential election over Vice President Kamala Har ...
6d
Buy, Sell, Or Hold Super Micro Computer Stock?
As an aside, SNAP jumped post earnings yesterday - see “ Should You Buy, Sell, Or Hold SNAP Stock At $12? In our recent ...
6d
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 ...
1d
Is Super Micro Computer Stock a Buy or Sell Ahead of 2 Key November Dates?
With the situation looking incredibly dire for Super Micro Computer stock ahead of its Tuesday night earnings release and the ...
Investor's Business Daily on MSN
16h
Stock Market Today: Rally Holds Strong As Trump Stock Whipsaws On Election Day; SMCI Report Looms (Live Coverage)
Dow Jones and other major indexes rose in the stock market today. Trump Media & Technology soared while Super Micro reversed ...
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