Super Micro Computer Soars 28%: Is It Really Out of the Woods?
One of the biggest debacles in the stock market is whether the technology sector will make it out alright after this quarter. Particularly, the semiconductor industry has grown to represent a larger share of the overall economy and stock market, so it makes names like Super Micro Computer Inc. NASDAQ: SMCI and its main supplier, NVIDIA Co. NASDAQ: NVIDIA, carry more pressure today than ever before.
Super Micro Computer Did the Unthinkable at the Last Minute
Supermicro has hired a new auditor and believes it will have all its reporting filed within the allowed extension time.
Options Trades in SMCI and TGT
Supermicro (SMCI) is rallying after announcing a new auditor and preparing its 10-K filing after several delays. Meanwhile, Target (TGT) prepares for its 3Q earnings report.
Super Micro Computer Hires a New Auditor but Investors Shouldn't Celebrate Just Yet
The company isn't out of the woods yet.
Why Super Micro Computer Stock Jumped Today
Why Super Micro Computer Stock Jumped Today
Super Micro Computer Stock Soars. Is It Time To Jump Back In?
Super Micro Computer Stock Soars. Is It Time To Jump Back In?
Super Micro: Why I'm Loading Up Shares
SMCI's appointment of BDO as its independent auditor significantly reduces Nasdaq delisting fears and restores investor confidence. BDO's engagement follows detailed due diligence, indicating SMCI's financials lack material misstatements severe enough for rejection. SMCI must file FY2024 and Q1 FY2025 financials by early 2025 to maintain its Nasdaq listing.
Super Micro's stock surges as company names a new auditor. What to watch next.
The company still faces many unknowns, but an analyst expects Nasdaq approval for Super Micro's filing plan in two to five weeks.
Supermicro Price Levels to Watch As Stock Soars Following Plan to Avoid Delisting
Super Micro Computer (SMCI) shares soared in premarket trading Tuesday after the beleaguered server maker said that it has appointed a new auditor and submitted a compliance plan with Nasdaq to meet its listing requirements.
Super Micro surges as AI server maker hires new auditor, seeks filing extension
Shares of Super Micro Computer soared nearly 30% in premarket trading on Tuesday, after the server maker sought an extension from Nasdaq for its delayed financial filings and appointed a new auditor as it looks to avoid being delisted.
Super Micro Computer : AI Growth Potential vs. Investor Doubts
Super Micro Computer NASDAQ: SMCI is a provider of high-performance server and storage solutions crucial for the expanding artificial intelligence (AI) infrastructure market, and the company is in a critical strategic position. Super Micro is most recognized for its modular and open architecture approach, but the company has been grappling with a series of difficult setbacks.
SMCI Soars 26% After Nasdaq Delisting Averted but Musk's $6B Order Loss Stings
Super Micro stock soars 37% after filing a Nasdaq compliance plan, avoiding delisting. However, losing Elon Musk's $6B order keeps risks elevated.
