Super Micro Stock Rises After Nvidia Shout-Out. Why It’s Not Out of the Woods Yet.
The stock surged Tuesday, just after it said it had hired a new auditor and that it had a plan to submit its late earnings results that would allow it to remain listed on the Nasdaq.
What's Happening With Super Micro Stock?
On Monday, the company said that it had hired BDO as its public auditor, replacing Ernst & Young, which resigned in October after it raised concerns regarding the
Why Super Micro Computer Stock Plummeted Again This Week
Super Micro Computer (NASDAQ: SMCI) stock plunged across the last week of trading. Its share price ended the period down 24.2% from the previous week's market close, according to data from S&P Global Market Intelligence.
Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock
Super Micro could also get a reprieve and an extension from the Nasdaq, giving it months to come into compliance.
Is Super Micro Stock A Buy Now?
Super Micro has engaged BDO as its auditor, replacing Ernst & Young, which resigned in October after it raised concerns regarding the company’s financial statements.
Super Micro Computer Ends Loan Agreements for Flexibility
Super Micro Computer ( (SMCI)) has shared an announcement. Super Micro Computer, Inc. has fully prepaid and terminated its loan agreements with Cathay Bank and Bank of America, signaling a strategic move to enhance its financial flexibility.
Super Micro Ended Loan Pacts That Had Become More Burdensome
Super Micro Computer has ended loan agreements with two banks as recent amendments to those pacts made them more burdensome. The move frees up some cash, and removes restrictions tied to the embattled server maker’s late filing of audited financial statements.
Is the Worst Over for Super Micro Computer? Here Are 2 Crucial Things to Watch.
Super Micro Computer (NASDAQ: SMCI) is a key player in one of the hottest technology fields -- artificial intelligence (AI) -- and revenue has jumped in the triple digits quarter after quarter. The company produces equipment such as workstations and servers for AI data centers and is an expert in the new growth area of liquid cooling technology.
Super Micro pays off, ends loan agreements with BofA, Cathay Bank
Super Micro Computer edged slightly higher during early market action Wednesday after it was revealed the company had prepaid loan agreements. Read more here.
Super Micro Computer Stock Popped Again Today. Is It Time to Buy?
Shares of Super Micro Computer (NASDAQ: SMCI), the once high-flying artificial intelligence (AI) server stock, were back on the move again today. After plunging over a period of several weeks over concerns that began with a short-seller attack and a delay in its 10-K filing,
Super Micro Computer: An 110% Rally Was Not Fundamentally Driven, Expecting Downward Revenue Revisions (Rating Downgrade)
Super Micro Computer maintains $5 billion inventories on balance sheet, which could face impairment losses and impact ...
Nvidia Partner Super Micro Computer Receives Nasdaq Non-Compliance Notice
The business said it has sent Nasdaq a compliance plan detailing its estimated capacity to submit its quarterly report on Form 10-Q for the fiscal quarter ending Sept. 30, and its annual report on ...
Should You Buy Super Micro Computer Stock After Its 1,480% Gain in 5 Years? Wall Street Has a Clear Answer for Investors.
Super Micro Computer (NASDAQ: SMCI) shareholders have been through a whirlwind lately. While the stock is up 1,480% in the ...
Super Micro Computer: Understanding The Recent Developments, Reversal Possible
Financial analysis of SMCI partnership with NVDA during data center boom, potential reversal in stock, reliable FQ1'25 ...
Super Micro’s stock having best day in 9 months on hopes delisting to be avoided
Shares of Super Micro Computer Inc. took flight Monday, toward their best day in nine months, as investors bet that the ...