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Super Micro Computer stock bleeds 24% after it can’t even say when it will post actual earnings
Super Micro Computer Inc. (SMCI) shares plummeted more than 24% on Wednesday after the AI hardware company released a disappointing preliminary first-quarter report and failed to confirm a timeline for its actual first-quarter results.
Super Micro Computer Stock Dives on Sustained Risk of Nasdaq Delisting
Key Takeaways Supermicro shares took a major hit Wednesday after the company didn't say precisely when it would file its 2024 annual report following EY's resignation as auditor.JPMorgan analysts cut their price target by over 50% following the company's business update and earnings call.
Super Micro Computer Stock Slammed With Dismal Updates
Super Micro Computer (SMCI) stock is plummeting after a series of disappointing updates, including quarterly results
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.
Here’s what Super Micro’s struggles may mean for Nvidia and Dell
Dell might not see immediate financial benefits, but an analyst thinks customers are paying attention to Super Micro’s auditor exit, which could start helping Dell next year.
Why Super Micro’s Losses Could Be a Gain for Dell
Shares of Super Micro were in free fall last week after the server maker disclosed its accounting firm had resigned.
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 auditor resignation.
Will Super Micro Stock Get Delisted? Dell Stock Gains Amid Uncertainty.
Analysts are weighing the chances that Super Micro Computer could be delisted from the Nasdaq exchange over its accounting issues.
4h
on MSN
Jim Cramer on Super Micro Computer, Inc. (SMCI): ‘The Most Intriguing Story Coming Out Next Week’
We recently compiled a list of the Jim Cramer’s Latest Game Plan: 15 Stocks to Watch. In this article, we are going to take a ...
7h
on MSN
SMCI cut to sell at JPMorgan
JPMorgan downgraded Super Micro Computer (NASDAQ: NASDAQ:SMCI) to Underweight from Neutral on Wednesday, with a revised price ...
Hosted on MSN
1d
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 ...
EconoTimes
5h
Super Micro Faces Nasdaq Delisting Threat Amid DOJ Probe and Revenue Concerns
Super Micro Computers latest earnings report has failed to ease investor worries amid an ongoing DOJ investigation and ...
1d
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 ...
1h
on MSN
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 3.58%
U.S. stocks were higher after the close on Wednesday, as gains in the Financials, Oil & Gas and Industrials sectors led ...
6d
on MSN
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.
ph.investing.com on MSN
6h
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 ...
9h
on MSN
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 ...
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