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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 its latest annual report, according to a Tuesday statement. The server maker has been under a cloud in recent months due to scrutiny over its accounting,
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 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.
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 ...
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,
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.
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.
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:
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.
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,
What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
Among the allegations is the charge that Super Micro had rehired several key executives who had left in the wake of the earlier accounting scandal and that a company owned by the CEO's brother hired the ousted CFO.
3h
on MSN
Why Super Micro Computer Stock Is Plunging After Its Business Update Tuesday
Super
Micro
Computer shares plunged in extended trading Tuesday after the company said it's unable to predict when it ...
2h
on MSN
Super Micro’s Sales Update Falls Short. The Stock Drops.
Super Micro provided a worse-than-expected business update for its revenue Tuesday afternoon. The stock is falling in ...
3h
Super Micro says board found ‘no evidence of fraud,' still has no timetable for annual results
Super Micro said its board of directors found there was no evidence of fraud or misconduct from management after its auditor ...
3h
Super Micro stock slides over 10% on weaker-than-expected outlook, uncertainty over annual filing
Super Micro stock slid 10% as the company's latest outlook fell short of Wall Street's expectations. The company also said it couldn't predict a timeline for filing its 10-K.
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% in ...
8h
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 ...
Yahoo Finance
8h
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 ...
Barron's on MSN
12h
These Stocks Are Moving the Most Today: Palantir, DJT, Boeing, Lattice Semi, Astera Labs, Marqeta, Super Micro, and More
Stock futures rose modestly Tuesday as voters headed to the polls to elect the next U.S. president.These stocks were poised ...
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