Shares of Super Micro fell 23% on Wednesday after the company announced it will not file its annual report for the fiscal year on time. Hindenburg Research disclosed a short position in the company on Tuesday, alleging "fresh evidence of accounting manipulation.
SMCI stock plunged Wednesday after Super Micro Computer announced that it is delaying the filing of its annual report on form 10-K.
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Super Micro Computer, Inc. ("Super Micro Computer, Inc.") (NASDAQ:SMCI) concerning possible violations of federal securities laws. Hindenburg Research issued a report on the Company's accounting practices.
Supermicro's sales more than doubled in fiscal 2024, but the company has delayed its annual report filing. The company says it hasn't adjusted the results it previously reported earlier this month.
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Super Micro Computer, Inc. ("Super Micro" or the "Company") (NASDAQ:SMCI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Super Micro Computer, Inc. ("Super Micro" or "the Company") (NASDAQ:SMCI). Investors who purchased Super Micro securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SMCI.
A huge market for conversational AI assistants is helping SoundHound deliver outstanding growth. Super Micro is benefiting as AI server demand booms thanks to deployment of AI chips in data centers.
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Super Micro Computer, Inc. ("Super Micro Computer, Inc.") (NASDAQ:SMCI) concerning possible violations of federal securities laws. Hindenburg Research issued a report on the Company's accounting practices.
Shares of Super Micro Computer Inc. SMCI, -2.64% tanked 9.6% in premarket trading Wednesday, after the computer products company and artificial-intelligence play said it doesn't expect to file its audited annual report for the fiscal year to June 30 on time. The company said it expects to file a “notification of late filing” with the U.S. Securities and Exchange Commission on Aug. 30.
The server maker will delay filing its form 10-K for the fiscal year ended June 30.
Super Micro Computer said on Wednesday it would delay the filing of its annual report for the fiscal year ended June 30, sending the AI server maker's shares down about 8% in premarket trading.
SAN FRANCISCO, CA / ACCESSWIRE / August 28, 2024 / Hagens Berman urges Super Micro Computer, Inc. (NASDAQ:SMCI) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may assist the investigation to contact its attorneys.