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 maker reported fiscal first-quarter results. Read for more.
Super Micro Computer Stock Is In The Spotlight Ahead Of Q1 Earnings: What's Going On?
Super Micro Computer Inc (NASDAQ:SMCI) shares are trading higher Tuesday, bouncing back after falling nearly 50% last week after the firm’s independent auditor raised governance and transparency concerns.
Why Super Micro Computer Stock Is Plunging After Its Business Update Tuesday
Super Micro Computer (SMCI) shares plunged in extended trading Tuesday after the server maker said it "remains unable at this time to predict" when it will file its delayed annual report for 2024, exacerbating delisting worries.
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.
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 qualify for the top spot of which stock popped the most–before it crashed. This stock has been riddled with a boatload of problems and is down 77% from its March peak–39% in the past month alone.
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 analyses, we argued for a range of outcomes. On one hand, there is potential for the stock to rise over 2x to $1,
Super Micro Computer Posts Q1 Earnings: Are Delisting Fears Here To Stay Or Can The Stock Rebound?
Super Micro Computer is gearing up for Q1 earnings, with expectations set at 75 cents EPS and $6.45 billion revenue.
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’s Sales Update Falls Short. The Stock Drops.
Super Micro provided a worse-than-expected business update for its revenue Tuesday afternoon. The stock is falling in after-hours trading. The AI server company gave an update for its fiscal first-quarter with adjusted earnings per share range of 75 cents to 76 cents,
Super Micro Computer will report earnings today. Here's what to expect
Super Micro Computer (SMCI) will report quarterly earnings on Tuesday after market close, following a series of recent challenges. Most recently, the AI hardware company’s auditor, Ernst & Young, resigned over disagreements about Super Micro’s governance practices and board independence.
What Analysts Think of Super Micro Computer's Stock Ahead of Earnings
Key Takeaways Super Micro Computer reports earnings after the bell Tuesday, with its stock nearly 80% below its highest point in March.The few analysts covering the stock mostly have a cautious view of its outlook,
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 ...
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Super Micro Computer, Inc. (SMCI) Gains Bullish Outlook as Needham Highlights Leadership in Liquid-Cooled Data Center Solutions
Number of Hedge Fund Holders: 47 Super Micro Computer, Inc. (NASDAQ:SMCI) develops and manufactures ... If you are ...
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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 ...
Tidal Financial Group Announces Reverse Stock Split for Defiance Daily Target 2X Long SMCI ETF (Ticker: SMCX)
Tidal Financial Group today announced that the Board of Trustees of Tidal Trust II (the Trust) has approved a reverse stock split for the Defiance Daily Target 2X Long SMCI ETF (SMCX), which trades on ...
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Super Micro's accounting concerns could be bad for the stock, just ask MicroStrategy
Shares of Super Micro Computer (NASDAQ:SMCI) two days ago turned negative for the year, a development that would have ...
Here’s what Super Micro’s struggles may mean for Nvidia and Dell
Dell might not see immediate financial benefits, but an analyst thinks customers are paying attention to Super Micro’s auditor exit, which could start helping Dell next year.