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.
Super Micro Computer (SMCI) shares fell again Tuesday after Hindenburg Research disclosed a short position in the server maker and published a report that accuses the company of accounting anomalies, among other issues, following a three-month investigation that included interviews with former senior employees.
NEW YORK, NY / ACCESSWIRE / August 27, 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.
Super Micro Computer's stock took a hit following Hindenburg's short disclosure. Is the company's love affair with Nvidia over?
NEW YORK, NY / ACCESSWIRE / August 27, 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.
Super Micro Computer (SMCI) shares slipped Tuesday after short seller Hindenburg Research disclosed a short position in the artificial intelligence (AI) technology firm.
Short seller Hindenburg Research accused Super Micro Computer of accounting manipulation and other problems. SMCI stock fell.
Super Micro Computer (SMCI) is expected to generate strong sales in future supported by robust demand for its servers powered by high-end generative AI chips.