Super Micro Slides on Weak Outlook as Delisting Risk Looms
Shares of Super Micro Computer Inc. plunged on Wednesday after the server maker issued a disappointing sales forecast and failed to give a timeline for filing its previous fiscal year’s official financial statements.
Super Micro Computer Stock Dives on Sustained Risk of Nasdaq Delisting
Super Micro shares fell Wednesday after the company inflamed concerns it could be delisted by not providing clarity on when it would be able to file its delayed annual report for 2024.
Why Super Micro Computer Stock Is Crashing Again Today
Supermicro published preliminary quarterly results Tuesday, but the report may have raised more questions than it answered.
Super Micro just reported preliminary Q1 results. Here's why the stock is tanking.
Super Micro Computer (SMCI) shares were active in late trading on Tuesday after the embattled artificial intelligence server maker reported fiscal first-quarter results. Read for more.
Super Micro Stock Is Spiraling Lower: What's Going On?
Super Micro Computer Inc (NASDAQ:SMCI) shares are tumbling Wednesday after the company reported preliminary financial results and provided a business update. JPMorgan also downgraded the stock and slashed its price target.
Where Will Super Micro Computer Stock Be in 1 Year?
Analysts at Mizuho fear that the lack of an auditor (and possible challenges in getting a new one) could lead to a delisting from the Nasdaq exchange. This could dramatically reduce Supermicro's liquidity by forcing it to trade over the counter, a designation that could make shares harder to access, likely hurting the company's valuation.
Super Micro stock plunges 17% on weak guidance, delayed results
Super Micro shares fell 17% after missing revenue estimates, heightening Nasdaq delisting risks amid ongoing audit issues.
Super Micro Slides on Weak Sales Outlook as Delisting Risk Looms
Super Micro Computer Inc. plunged in early trading after issuing a disappointing sales forecast and failing to give a timeline for filing its previous fiscal year’s official financial statements.
Super Micro Stock Tumbles After Business Update. There Was No Full-Year Outlook.
On Tuesday, Super Micro said its independent “Special Committee” formed by the board of directors and led by independent counsel found “no evidence of fraud or misconduct on
Super Micro Is Coming Up Too Short
Disappointing server sales are blamed on the delay of new Nvidia chip, but management’s credibility has dimmed.
Super Micro slumps as weak forecast, annual report uncertainty fuel investor worries
Shares of Super Micro Computer tumbled more than 20% in premarket trading on Wednesday as an unclear timeline for its annual ...
Super Micro shares plummet 22% after financial update heightens investor concerns
Super Micro’s stock fell to its lowest since mid-2023 on Wednesday after the company issued unaudited quarterly results that ...
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro said its board of directors found there was no evidence of fraud or misconduct from management after its auditor ...
Super Micro shares fall as server maker misses sales targets, annual filing uncertain
Super Micro Computer , whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of ...
Stock movers after Trump's win: Tesla, CVS, Super Micro and more
The stock is down 22% year-to-date. Tesla rallies after Trump wins election. Tesla shares surged 15% after Donald Trump’s ...
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Super Micro tumbles as Wall Street is not impressed with Q1 results, audit issues
Super Micro Computer (SMCI) issued preliminary first-results and guidance on Tuesday that left Wall Street expressing deep ...
Super Micro Computer (SMCI) Gets a Buy from Loop Capital Markets
In a report released today, Ananda Baruah from Loop Capital Markets assigned a Buy rating to Super Micro Computer (SMCI – Research ...