Super Micro Computer Stock Is In The Spotlight Ahead Of Q1 Earnings: What's Going On?
Super Micro Computer Inc (NASDAQ:SMCI) shares are trading higher Tuesday, bouncing back after falling nearly 50% last week after the firm’s independent auditor raised governance and transparency concerns.
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Super Micro's stock plunges after Ernst & Young resigns as auditor, raising concerns about the company's financial stability.
Why Super Micro Computer Stock Was Falling Again Today
Shares of Super Micro Computer (NASDAQ: SMCI), best known for making artificial intelligence (AI) servers, were sliding for the third straight day today as the fallout from its auditor's resignation continued.
Super Micro Computer Stock Dives As Auditor Resigns: What's Going On?
Super Micro initially engaged with Ernst & Young in March 2023 to audit the company’s financials for its fiscal year ending June 2024. Super Micro said the auditor resigned before issuing a report on the company’s financials or the company’s internal controls over financial reporting.
Super Micro Stock Drops Again. Its 2024 Gains Have Disappeared.
Super Micro Computer stock has been in free fall this week after the server maker disclosed its accounting firm had resigned, and shares are falling again Friday. The stock dropped 9.3% to $26.39 in afternoon trading,
Super Micro's accounting concerns could be bad for the stock, just ask MicroStrategy
With Super Micro Computer stock under a cloud due to accounting problems, take a look at an example of how that derailed MicroStrategy's stock.
What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
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Ernst & Young Resigns as Super Micro Computer’s Auditor
Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s ...
Super Micro Computer says Ernst & Young resigns as auditor, shares tank
Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% ...
Super Micro shares plunge 33% as auditor resigns after raising concerns months earlier
Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny ...
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Ernst & Young Dismisses Dozens Of US Employees Over Training 'Cheating' Allegations
The recent dismissals have led to internal controversy, with some employees arguing that the penalties were too severe for ...
Super Micro Shares Plunge 30 Percent After Ernst & Young Resigns as Auditor
Shares of Super Micro Computer fell more than 30 percent on Wednesday after the server manufacturer disclosed the unexpected resignation of Ernst & Young (EY) as its public accounting firm. The ...
Super Micro Computer: Important Thesis Update After Auditor Resignation (Downgrade)
Super Micro Computer, Inc.'s recent loss of Ernst & Young as its auditor has increased risk perception, leading to a ...
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Ernst & Young among Northeast Ohio accounting firms that shrank in past year
While global Big 4 outfit Ernst & Young remains the largest accounting firm in the Northeast Ohio marketplace, its presence ...
Supermicro plunges after Ernst & Young resigns as registered public accountant
Shares of Supermicro (SMCI) are sharply lower in pre-market trading after it was disclosed in a regulatory filing that on October 24, Ernst ...
Supermicro Shares Plunge Again. Time to Buy the Dip or Stay Away?
The saga around Super Micro Computer ( SMCI -0.08%) continued with the stock plunging on news that its auditor has resigned. The stock has bounced around like a ping-pong ball this year, with a number ...