Super Micro Computer Inc (SMCI)
Super Micro Computer Price Levels to Watch as Stock's Slump Accelerates
Super Micro Computer (SMCI) shares continued sliding in extended trading after leading Nasdaq decliners on Wednesday following news that the embattled server maker would delay the filing of its fiscal first-quarter financial report.
Why Super Micro Computer Stock Sank Today
Missed deadlines are piling up for Super Micro Computer, and things keep getting worse for shareholders.
Supermicro Stock's Brutal 2024 Keeps Getting Worse
Shares of Super Micro Computer (SMCI) extended their 2024 swoon on Wednesday, with the stock dropping after the company said it would not submit its fiscal first-quarter results in a timely manner.
Options Trades in SMCI and RIVN
As Supermicro (SMCI) delays its 10-K filing and searches for a new auditor, shares have fallen 25% YTD. Meanwhile, Rivian (RIVN) expands its partnership with Volkswagen as it aims to increase EV production.
Super Micro Stock Could Get Delisted. What to Consider If You Own the Shares.
The company has until Nov. 16 to file or submit a plan to the Nasdaq Stock Exchange.
SMCI stock set to crash even further as delisting fears loom
The most publicized and notable stock market meltdown of 2024, at least thus far, has been the tale of Super Micro Computer Inc (NASDAQ: SMCI). The semiconductor company, which had at one point rallied by as much as 316% in 2024 has been on a steady yet steep decline.
Super Micro shares fall as it delays filing of September quarter report
Super Micro Computer Inc (NASDAQ:SMCI) shares traded lower on Wednesday after the server maker delayed the filing of its September quarter report as it seeks a new accounting firm. Ernst & Young (EY) resigned as the company's auditor in October, citing concerns about governance, transparency, and internal controls over financial reporting.
Supermicro stock faces imminent delisting: what investors need to know
Super Micro Computer Inc (NASDAQ: SMCI) says it needs more time to file its financial update for the September quarter. Shares of the AI server company are down another 2% on Wednesday.
Super Micro's stock falls further as it faces new hurdle with filing deadlines
The server maker disclosed it will be late with its quarterly filing in addition to its past annual one. Super Micro also said it needs additional time to find a new auditor.
Will Super Micro Stock Be Delisted?
Super Micro Computer stock (NASDAQ: SMCI) fell by about 6% in Tuesday's trading and remains down 54% over the past month amid significant corporate governance concerns and questions about the company's financial reporting. Hindenburg Research published a report highlighting several red flags in SMCI's accounting practices.
Super Micro Stock Sinks After Another Filing Delay for Earnings
The chip maker's latest quarterly report will come later than hoped for.
Super Micro delays filing of September-quarter financial report
AI server maker Super Micro Computer said on Wednesday it is unable to file its quarterly report on form 10-Q for the quarter ended Sept. 30, 2024 in a timely manner, amid its ongoing delay in filing an annual report.
