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.
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.
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 from the Nasdaq exchange. This could dramatically reduce Supermicro's liquidity by forcing it to trade over the counter, a designation that could make shares harder to access, likely hurting the company's valuation.
Super Micro Stock Drops Again. Its 2024 Gains Have Disappeared.
Super Micro Computer stock has been in free fall this week after the server maker disclosed its accounting firm had resigned, and shares are falling again Friday. The stock dropped 9.3% to $26.39 in afternoon trading,
Super Micro's accounting concerns could be bad for the stock, just ask MicroStrategy
With Super Micro Computer stock under a cloud due to accounting problems, take a look at an example of how that derailed MicroStrategy's stock.
Why Super Micro Computer Stock Was Falling Again Today
Shares of Super Micro Computer (NASDAQ: SMCI), 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.
What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
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Ernst & Young Resigns as Super Micro Computer’s Auditor
Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s ...
Super Micro Computer says Ernst & Young resigns as auditor, shares tank
Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% ...
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro shares soared 246% last year after jumping 87% in 2023. The stock peaked at $118.81 in March, shortly after being ...
Super Micro shares plunge 33% as auditor resigns after raising concerns months earlier
Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny ...
Super Micro Computer: Implications Of A Potential Delisting And Other Structural Aspects To Consider
Super Micro Computer faces financial scrutiny after auditor resignation. See why SMCI stock could be delisted and how it ...
Crain's Cleveland Business12d
Ernst & Young among Northeast Ohio accounting firms that shrank in past year
While global Big 4 outfit Ernst & Young remains the largest accounting firm in the Northeast Ohio marketplace, its presence ...
Super Micro Shares Plunge 30 Percent After Ernst & Young Resigns as Auditor
Shares of Super Micro Computer fell more than 30 percent on Wednesday after the server manufacturer disclosed the unexpected resignation of Ernst & Young (EY) as its public accounting firm. The ...
Super Micro Computer: Auditor Resigns, Abandon Ship
SMCI is down nearly 25% after investor fears over a 10-K filing delay and a Department of Justice probe appear to have ...