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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 report along with weak quarterly forecasts fanned investor worries about the AI-server maker.
Super Micro still can’t say when it will file annual report, and its stock drops
Super Micro says its special committee has so far found that its audit committee “acted independently and that there is no evidence of fraud or misconduct on the part of management” or the board.
Super Micro stock sinks on weaker-than-expected outlook, uncertainty over annual filing
Super Micro stock slid 10% as the company's latest outlook fell short of Wall Street's expectations. The company also said it couldn't predict a timeline for filing its 10-K.
Super Micro shares fall as server maker misses sales targets, annual filing uncertain
Super Micro Computer, whose auditor unexpectedly stepped down last week, flagged uncertainty on Tuesday about the timing of its annual report but said a probe about accounting practices had not found evidence of fraud by the company.
11h
on MSN
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.
5h
on MSN
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 ...
5h
on MSN
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 ...
9h
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 ...
Hosted on MSN
7h
Stock movers after Trump's win: Tesla, CVS, Super Micro and more
However, for Tesla, we see this as a huge positive,” the Wedbush Securities analyst Dan Ives said, according to CNBC.
Super
...
19h
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.
1d
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 ...
Seeking Alpha on MSN
1d
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 ...
12h
on MSN
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 ...
1d
on MSN
What Analysts Think of Super Micro Computer's Stock Ahead of Earnings
Annabelle Chih / Bloomberg / Getty Images
Super
Micro
Computer reports earnings after the bell Tuesday, with its stock ...
17h
Could This Move by Nvidia Protect It From Super Micro Computer's Woes?
This is positive as it should minimize impact on sales and keep the supply chain flowing, but it's possible Nvidia will see ...
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