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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.
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.
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,
What Analysts Think of Super Micro Computer's Stock Ahead of Earnings
Annabelle Chih / Bloomberg / Getty Images
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, but expect ...
Why Super Micro Computer Stock Was Falling Again Today
Shares of Super Micro Computer ( SMCI -10.51%), best known for making artificial intelligence (AI) servers, were sliding for the third straight day today as the fallout from its auditor's resignation continued. The stock closed down 10.5% and is now down 47% over the last three days since it reported the news.
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.
Why Super Micro’s Losses Could Be a Gain for Dell
Shares of Super Micro were in free fall last week after the server maker disclosed its accounting firm had resigned.
Better Artificial Intelligence Stock: Palantir vs. Super Micro Computer
I t seems like any stock related to artificial intelligence (AI) has soared recently. There are no two better examples than Super Micro Computer (NASDAQ: SMCI) and Palantir (NYSE:
What Are Wall Street Analysts' Target Price for Super Micro Computer Stock?
San Jose, California-based Super Micro Computer, Inc. (SMCI) develops and manufactures high-performance server and storage solutions based on modular and open architecture. With a market cap of $14.6 billion,
7h
on MSN
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 ...
2h
on MSN
Super Micro still can’t say when it will file annual report, and its stock drops
Super
Micro
Computer
Inc. expects to post sales shy of investors’ expectations and is still unsure when it will file ...
Yahoo Finance
5h
Super Micro Computer Posts Q1 Earnings: Are Delisting Fears Here To Stay Or Can The Stock Rebound?
Super
Micro
Computer
Inc. (NASDAQ:SMCI ... Your biggest returns may not come from the
stock
market. Invest the way ...
5d
on MSN
Super Micro's $50 billion stock collapse underscores risk of AI hype
In March,
Super
Micro
Computer
was added to the S&P 500 after an epic run that lifted the
stock
by more than 2,000% ...
3h
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 on Tuesday.
4d
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Super Micro's stock plunges after Ernst & Young resigns as auditor, raising concerns about the company's financial stability.
Yahoo Finance
31m
Why Super Micro Computer's Stock Is Plunging After Its Business Update Tuesday
Super
Micro
Computer
said it expects earnings per share (EPS) of 68 cents to 70 cents, compared to 27 cents a year ...
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