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Super Micro’s Sales Update Falls Short. Stock Drops.
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's business-update call could be pivotal for popular short-selling play
Super Micro Computer is due to hold a business-update call after Tuesday's closing bell on the heels of heavy selling pressure for its stock. Shares are down nearly 50% since Super Micro's announcement last Wednesday that its auditor has resigned.
Super Micro’s Sales Update Falls Short. The Stock Drops.
Super Micro provided a worse-than-expected business update for its revenue Tuesday afternoon. The stock is falling in after-hours trading. The AI server company gave an update for its fiscal first-quarter with adjusted earnings per share range of 75 cents to 76 cents,
Super Micro Slips on Sales Outlook That Falls Short of Estimates
Super Micro Computer Inc. gave a sales forecast that fell short of analysts’ estimates while saying it couldn’t predict when it would file official financial statements for its previous fiscal year. The shares dropped about 10% in extended trading.
Super Micro Stock Tumbles
Super Micro Computer Stock Tumbles Again. Is the Worst Over Yet?
Things have gone from bad to worse for Super Micro Computer (NASDAQ: SMCI) over the last two months as a short-seller attack snowballed into a delay in its 10-K filing, an investigation by the Department of Justice, and, just last week, the resignation of Ernst & Young as its auditor.
I Just Sold All of My Super Micro Computer Stock. Should You Follow Suit?
Supermicro is benefiting significantly from artificial intelligence (AI) tailwinds. It builds full-scale servers and other components that are sold to companies looking to expand their AI computing power. Although it hasn't received quite the same press as Nvidia, it remains one of the biggest winners among AI stocks.
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.
3h
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.
7h
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 ...
1h
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 ...
19h
Super Micro says board found ‘no evidence of fraud,' still has no timetable for annual results
Super Micro said its board of directors found there was no evidence of fraud or misconduct from management after its auditor ...
19h
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 ...
Investopedia on MSN
14h
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
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1h
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 ...
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