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.
Would-be AI Giant Super Micro Might Have Stock Delisted Over Audits
Super Micro, a once-promising AI hardware firm, risks delisting from the Nasdaq and S&P 500 due to auditing issues, Bloomberg reports. Known for
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.
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.
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 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,
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 ...
What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
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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 ...
Super Micro Computer: Auditor Resigns, Abandon Ship
SMCI is down nearly 25% after investor fears over a 10-K filing delay and a Department of Justice probe appear to have ...
Super Micro’s troubles build as auditor resigns, sending stock tumbling 33%
The company disclosed Ernst & Young’s resignation in a Wednesday morning filing, while also getting into the auditor’s ...
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 ...
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 ...