Super Micro Computer Shares Plummet 22.7% In An Otherwise Green Pre-Market: What's Going On?
Shares of Super Micro Computer Inc (NASDAQ:SMCI) experienced a significant drop of 22.74% in pre-market trading on Wednesday as per Benzinga Pro. This decline comes after the company reported revenue that fell short of expectations and issued weaker-than-expected guidance.
Super Micro just reported preliminary Q1 results. Here's why the stock is tanking.
Super Micro Computer (NASDAQ:SMCI) shares fell 10% in late trading on Tuesday after the embattled artificial intelligence server maker reported preliminary fiscal first-quarter results and offered up an update from its independent special committee.
SMCI Stock: Once-In-A-Lifetime Opportunity, or Is Super Micro Computer Doomed?
If you’re just looking at raw percentage gains since the AI mania began, Super Micro Computer (NASDAQ:SMCI) would probably qualify for the top spot of which stock popped the most–before it crashed. This stock has been riddled with a boatload of problems and is down 77% from its March peak–39% in the past month alone.
Super Micro Computer Announces Q1 2025 Financial Results
Super Micro Computer ( (SMCI) ) has shared an update. Super Micro Computer, Inc. has announced its preliminary financial results for the first
Where Will Super Micro Computer Stock Be in 1 Year?
But in some cases, they draw attention to problems that other investors overlooked In late August, Hindenburg Research released a scathing report saying that Super Micro Computer engaged in accounting manipulation,
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
Why Super Micro Computer Stock Is Plunging After Its Business Update Tuesday
Super Micro Computer (SMCI) shares plunged in extended trading Tuesday after the server maker said it "remains unable at this time to predict" when it will file its delayed annual report for 2024, exacerbating delisting worries.
Super Micro Computer will report earnings today. Here's what to expect
Super Micro Computer (SMCI) will report quarterly earnings on Tuesday after market close, following a series of recent challenges. Most recently, the AI hardware company’s auditor, Ernst & Young, resigned over disagreements about Super Micro’s governance practices and board independence.
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Super Micro Computer, Inc. (SMCI) Gains Bullish Outlook as Needham Highlights Leadership in Liquid-Cooled Data Center Solutions
We recently compiled a list of the 35 AI News and Ratings You Should Not Miss. In this article, we are going to take a look ...
Super Micro Computer: Implications Of A Potential Delisting And Other Structural Aspects To Consider
Super Micro Computer faces financial scrutiny after auditor resignation. See why SMCI stock could be delisted and how it ...
Super Micro Computer could be delisted from the Nasdaq this month amid a steep plunge following auditor's resignation
This isn't the first time Super Micro Computer investors faced delisting risks. In 2018, trading in the stock was suspended ...
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Super Micro slumps 20% on guidance cut; says recent probe shows no fraud evidence
Super Micro Computer cut its guidance for the fiscal first and second quarter and the server equipment maker said an internal ...
Can Super Micro Computer's Q1 update save this sinking ship
Super Micro Computer (NASDAQ:SMCI) is expected to report its first quarter business update for the fiscal year 2025 on ...
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Supermicro price target lowered to $25 from $42 at Barclays
Barclays lowered the firm’s price target on Supermicro (SMCI) to $25 from $42 and keeps an Equal Weight rating on the shares.
SMCI stock price continues to drop: What is happening with Super Micro and EY?
Investors in server maker Super Micro continue to flee after news this week that Ernst & Young has resigned as its auditor.
Inside Super Micro's Crisis: 5 Scenarios That Could Define Its Future (Rating Downgrade)
Super Micro's stock fell over 45% following governance issues and auditor EY’s resignation, highlighting significant risks.
Tidal Financial Group Announces Reverse Stock Split for Defiance Daily Target 2X Long SMCI ETF (Ticker: SMCX)
Tidal Financial Group today announced that the Board of Trustees of Tidal Trust II (the Trust) has approved a reverse stock split for the Defiance Daily Target 2X Long SMCI ETF (SMCX), which trades on ...
Super Micro may have to dump NVIDIA Blackwell to survive – analyst
Super Micro Computer Inc (NASDAQ:SMCI) has been under intense pressure over the last few months related to a short seller report, delayed financial filings, the risk of delisting, and last week’s ...