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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
Computer
Inc. expects to post sales shy of investors’ expectations and is still unsure when it will file its latest annual report, according to a Tuesday statement. The server maker has been under a cloud in recent months due to scrutiny over ...
Super Micro stock slides 10% on weaker-than-expected outlook, uncertainty over annual filing
Super Micros shares slid on Tuesday as the company's latest earnings results fell short of Wall Street's expectations. The company also said it couldn't predict the 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.
19h
on MSN
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 ...
8h
Super Micro Computer Price Levels to Watch as Stock Plunges After Business Update
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader.
Super
Micro
...
34m
on MSN
These Stocks Are Moving the Most Today: Trump Media, Tesla, First Solar, Coinbase, Super Micro, Nvidia, Exact Sciences, and More
Trump Media stock surges as Donald Trump wins the U.S. presidential election, Tesla soars, and Coinbase and other ...
11h
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 ...
13h
on MSN
Why Super Micro Computer's Stock Is Plunging After Its Business Update Tuesday
Super
Micro
Computer
shares plunged in extended trading Tuesday after the company said it's unable to predict when it ...
16h
on MSN
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 ...
2d
What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Seeking Alpha
6h
Super Micro Computer: Disappointing Outlook But Upgrading On Improved Cash Flow Performance
I have covered
Super
Micro
Computer
, Inc. (NASDAQ:SMCI) previously, so investors should view this as an update to my ...
23h
Super Micro Computer Posts Q1 Earnings: Are Delisting Fears Here To Stay Or Can The Stock Rebound?
Super Micro Computer is gearing up for Q1 earnings, with expectations set at 75 cents EPS and $6.45 billion revenue.
1h
on MSN
Super Micro cuts guidance; says recent probe shows no evidence of fraud
Super Micro Computer cut its guidance for the fiscal first and second quarter and the server equipment maker said an internal ...
1d
Super Micro Computer: Navigating Auditor Resignation And Potential Delisting
Something I really don’t like is that
Super
Micro
Computer
is giving a business update next week on November 5. Now, if ...
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