Super Micro’s Sales Update Falls Short. Stock Drops.
Super Micro's business-update call could be pivotal for popular short-selling play
Super Micro Computer is due to hold a business-update call after Tuesday's closing bell on the heels of heavy selling pressure for its stock. Shares are down nearly 50% since Super Micro's announcement last Wednesday that its auditor has resigned.
Disappointing server sales are blamed on the delay of new Nvidia chip, but management’s credibility has dimmed.
Shares of Super Micro Computer tumbled more than 20% in premarket trading on Wednesday as an unclear timeline for its annual ...
Super Micro’s stock fell to its lowest since mid-2023 on Wednesday after the company issued unaudited quarterly results that ...
In a report released today, Ananda Baruah from Loop Capital Markets assigned a Buy rating to Super Micro Computer (SMCI – Research ...
Super Micro Computer , whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of ...
Super Micro said its board of directors found there was no evidence of fraud or misconduct from management after its auditor ...
This isn't the first time Super Micro Computer investors faced delisting risks. In 2018, trading in the stock was suspended ...
This is positive as it should minimize impact on sales and keep the supply chain flowing, but it's possible Nvidia will see ...
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