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Super Micro says review found ‘no evidence’ of fraud
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 on the Nasdaq.
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 misrepresentations.
Super Micro says review found ‘no evidence’ of fraud after auditor resigned
Server maker’s shares fall further after release of lacklustre preliminary results
Super Micro Stock Tumbles
What Analysts Think of Super Micro Computer's Stock Ahead of Earnings
Key TakeawaysSuper 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,
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.
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,
2d
What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
11h
Stocks to Watch: Super Micro Computers, Trump Media & Technology Group, Exact Sciences
Trump Media & Technology Group posted its third quarterly loss since going public in March, disclosing its latest financial results on the day of the U.S. election. The social media company of former ...
2d
on MSN
Super Micro, Ferrari, Marriott, Airbnb, Novo Nordisk, and More Stocks to Watch This Week
It will be a big week ahead with dozens of major earnings releases, a Federal Reserve meeting, and the U.S. election.
Insider Monkey on MSN
7h
Super Micro Computer, Inc. (SMCI) Gains Bullish Outlook as Needham Highlights Leadership in Liquid-Cooled Data Center Solutions
We recently compiled a list of the 35 AI News and Ratings You Should Not Miss. In this article, we are going to take a look ...
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