Super Micro Computer stock plunges after accounting firm resigns | AP News
6 days ago · EY sent its resignation letter last week, according to Wednesday’s filing, which noted that the company’s review is ongoing. The audit would’ve been the EY’s first on Super Micro’s behalf. In a statement, Super Micro said that it disagreed with EY’s decision to resign — and was now “working diligently” to select new auditors.
Super Micro Shares Plunge 30 Percent After Ernst & Young
6 days ago · A view of the Ernst and Young offices in London on January 5, 2018. On October 30, 2024, Super Micro Computer shares plunged after Ernst and Young resigned as the company's auditor.
Super Micro Computer says Ernst & Young resigns as auditor, …
6 days ago · Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% and deepening investor worries about accounting practices at the ...
Super Micro Computer stock tanks after accounting firm resigns
6 days ago · Super Micro Computer stock (SMCI) cratered Wednesday, falling over 32% after a filing revealed accounting firm Ernst & Young (EY) has resigned from its relationship with the tech company. In the ...
Super Micro auditor resigns after raising concerns months earlier
Oct 30, 2024 · Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny before.
Super Micro Computer shares drop by one-third after EY resigns …
6 days ago · Super Micro said it disagreed with EY’s decision to resign, which comes during an independent review of its internal controls and governance led by law firm Cooley and forensic accounting firm ...
Super Micro Auditor EY Resigns, Citing ‘Integrity’ Concerns
6 days ago · Ernst & Young LLP resigned as the auditor to troubled server maker Super Micro Computer Inc., citing concerns about the company’s governance and transparency. The shares plummeted the most in ...
Super Micro Computer Stock Plummets as EY Resigns as
6 days ago · Super Micro Computer shares tumbled Wednesday after accounting giant EY resigned as the company's auditor, following months of speculation about the company's accounting practices.
Ernst & Young Resigns as Super Micro Computer’s Auditor
6 days ago · Photo: David Paul Morris/Bloomberg News Ernst & Young has resigned as the auditor for Super Micro Computer SMCI -0.52 % decrease; red down pointing triangle , saying it can no longer rely on ...
Inside Super Micro's wake-up call: After riding the AI wave, the …
5 days ago · Over the past five years, as the AI boom picked up steam before exploding post-ChatGPT, Super Micro’s shares soared over 3,000% and its reported revenue doubled to $7.12 billion, to earn it a ...
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