Super Micro Computer (SMCI -4.26%) stock investors were treated to great news Monday morning as the stock price increased by more than 30%.
Super Micro Computer Inc (NASDAQ:SMCI) stock added a whopping 28.7% last session, after the server company said a review committee found no evidence of fraud or misconduct among its leaders.
In today's video, I discuss recent updates impacting Super Micro Computer (SMCI -3.99%). To learn more, check out the short video, consider subscribing, and click the special offer link below.
In this video, I will cover the recent updates regarding Super Micro Computer (SMCI -1.62%). Watch the short video to learn more, consider subscribing, and click the special offer link below.
Super Micro Computer (SMCI 8.52%) stock had a big November and has begun December with a bang. It's been a somewhat hectic time for the supplier of artificial intelligence (AI) server stacks and coolant systems.
Server maker Super Micro Computer stock (NASDAQ: SMCI) extended its recent rally, gaining close to 29% on Monday. The gains follow the company's release of an investigation into its accounts conducted by a special board committee, along with attorneys, and a forensic accounting firm, which found no evidence of fraud or misconduct by management.
Super Micro Computer Inc. SMCI has cleared a major hurdle, with its Special Committee's investigation finding "no evidence of misconduct/fraud" involving its management or board.
Shares of Super Micro Computer, Inc. (Nasdaq: SMCI) stock surged more than 34% in midday trading on Monday after a special committee found “no evidence of misconduct” and the company announced a new chief accounting officer and that it was seeking a new chief financial officer.
After troubling months dominated by accounting concerns, the share price of Super Micro Computer (NASDAQ: SMCI) is rallying after it emerged that the artificial intelligence (AI) giant had no misconduct.
Super Micro Computer Inc. SMCI announced the completion of an independent review on Monday. The review, conducted by an Independent Special Committee, found no “evidence of misconduct” by the company's management or board.
The AI server maker's shares were once again leading the S&P 500's biggest gainers early Tuesday, jumping 7% ahead of the open.
Shares of Super Micro Computer Inc (NASDAQ:SMCI) rose almost 30% after hours after a special committee reaffirmed no evidence of misconduct at the AI server manufacturer and announced the appointment of Kenneth Cheung as chief accounting officer. The committee's report found no significant concerns about the integrity of senior management or the accuracy of financial statements.