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.
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 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.
Why Is Super Micro Computer Inc (SMCI) Stock Lagging Behind -41.58% from Its 50-Day SMA?
On Friday, Super Micro Computer Inc (SMCI) stock saw a decline, ending the day at $26.05 which represents a decrease of $-3.06 or -10.51% from the prior close of $29.11. The stock opened at $27.6 and touched a low of $25.
Super Micro Computer stock tanks after accounting firm resigns
Super Micro stock sank on Wednesday after accounting firm Ernst & Young resigned from working with the AI-focused tech company.
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.
Super Micro may have to dump NVIDIA Blackwell to survive – analyst
Super Micro Computer Inc (NASDAQ:SMCI) has been under intense pressure over the last few months related to a short seller report, delayed financial filings, the risk of delisting, and last week’s auditor resignation.
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 Price Levels to Watch as Stock Plunges After Business Update
Super Micro Computer shares slid in extended trading Tuesday after the troubled server maker provided preliminary results ...
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 ...
What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
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Super Micro Computer: Navigating Auditor Resignation And Potential Delisting
Something I really don’t like is that Super Micro Computer is giving a business update next week on November 5. Now, if ...
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.
Super Micro Computer's shares plunge 33% after server maker's accounting firm quits
Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as ...
Super Micro Computer to Strengthen Governance, Oversight Amid Filings Dispute
Super Micro Computer said it would strengthen its internal governance and oversight functions after Ernst & Young resigned as ...
Super Micro Slips on Sales Outlook That Falls Short of Estimates
Super Micro Computer Inc. gave a sales forecast that fell short of analysts’ estimates while saying it couldn’t predict when ...