The share price of Super Micro Computer (NASDAQ: SMCI) is trading in the green after weeks of losses as investors await an update on the company’s remediation plan.SMCI is up over 12% in pre-market trading on November 18 at $20.84. This move extended Friday’s gains, which saw the stock end the day up 3.16%. Supermicro is attempting a recovery, having plunged almost 35% year-to-date from as high as $118.SMCI one-day stock price chart. Source: Google FinanceWhy SMCI stock is rallying This momentum is a welcom ...

After another round of sell-offs this past week, Supermicro stock is down 84% from its high.Super Micro Computer (SMCI 3.16%) 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.Supermicro stock lost ground last week, in conjunction with news that the company may miss the filing deadline for submitting its 10-Q report to the Securities and Exchange Commission (SEC). The share p ...

Things have gone from bad to worse for Super Micro Computer (SMCI 3.16%). After a scathing short report highlighted questionable accounting practices, the company's auditor resigned, and it has not been able to file its annual report at its expected due date. The once-loved artificial intelligence (AI) stock is showing red flag after red flag with its business practices. Investors are acting rationally and exiting their positions.As of this writing, Super Micro Computer stock is down 82% from highs set earl ...

The company faces a critical deadline on Nov. 18.In today's video, I will be talking about recent updates regarding Super Micro Computer (SMCI 3.16%). Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 15, 2024. The video was published on Nov. 15, 2024. ...

Key TakeawaysSuper Micro Computer shares soared in extended trading Friday following reports the company is expected to file a plan for its delayed annual report by Monday that could help it avoid delisting.The Nasdaq warned Supermicro it would be delisted if it does not file the report or submit a plan by Monday.Shares of Supermicro have taken a hit in recent months on regulatory concerns following allegations of accounting manipulation and other issues. Super Micro Computer (SMCI) shares soared over 18% i ...

What happens if Super Micro Computer gets delisted?In today's video, I discuss recent updates affecting Super Micro Computer (SMCI -2.69%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the market prices of Nov. 14, 2024. The video was published on Nov. 14, 2024. ...

POLAND - 2024/01/30: In this photo illustration, a SuperMicro logo is displayed on a smartphone with ... [+] stock market percentages on the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesSuper Micro Computer stock (NASDAQ: SMCI) is seeing a real possibility of being delisted from the Nasdaq in the coming days. The company faces a November 16th deadline to either file its delayed 10-K annual report or submit a plan with the SE ...

Supermicro stock has a ton of red flags.Super Micro Computer (SMCI -11.41%) may be the most exciting stock story of 2024. Unfortunately, it's not for a good reason. While it started off the year hot as product demand surged, it quickly declined as expectations were too high. Then, allegations of an accounting irregularities broke, which caused the stock to tumble as more information surfaced about the company's practices.The stock is now down more than 25% for the year and more than 80% from its all-time hi ...

Earlier this year, Super Micro Computer (SMCI -11.41%) reigned with Nvidia as the market's best-performing stocks. Supermicro advanced 188% in the first half, while Nvidia climbed 149%.Why did this 30-year-old company suddenly jump into the limelight? The equipment maker, providing elements like servers for artificial intelligence (AI) data centers, saw its earnings soar amid the AI boom.But this growth story dimmed in recent times as troubles for the company started piling up, and all of this has led to a ...

Down roughly 85% from its high, is Supermicro still a high-risk stock?Super Micro Computer (SMCI -11.41%) stock saw another day of big sell-offs in Thursday's trading. The company's share price closed out the daily session down 11%.Supermicro stock fell today after Cisco made new comments about its plans to move into the artificial intelligence (AI) server market. Today's valuation pullback followed a 6.3% decline in the company's share price after a filing with the Securities and Exchange Commission (SEC) ...