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.
Would-be AI Giant Super Micro Might Have Stock Delisted Over Audits
Super Micro, a once-promising AI hardware firm, risks delisting from the Nasdaq and S&P 500 due to auditing issues, Bloomberg reports. Known for
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.
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.
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.
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 ...
What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
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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 ...
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 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: Important Thesis Update After Auditor Resignation (Downgrade)
Super Micro Computer, Inc.'s recent loss of Ernst & Young as its auditor has increased risk perception, leading to a ...
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 ...
Supermicro Shares Plunge Again. Time to Buy the Dip or Stay Away?
The saga around Super Micro Computer ( SMCI -0.08%) continued with the stock plunging on news that its auditor has resigned. The stock has bounced around like a ping-pong ball this year, with a number ...