Super Micro Computer (SMCI 19.11%) stock has been in free fall for the last six months. A myriad of issues related to its accounting practices have spooked investors. After the company announced it would have to delay the release of its 10-K annual report for its fiscal 2024 ended June 30, it also faced the possibility of its stock being delisted from the Nasdaq Stock Exchange.It has now hit the deadline for a Nasdaq delisting, but today it is planning a filing that could result in the company avoiding bein ...

Key TakeawaysSuper Micro Computer shares rose in early trading Monday, extending their rally on anticipation the tech company is preparing to submit a plan to avoid being delisted.Barron's reported Friday that Supermicro was on track to file a plan with the stock exchange by Monday to remain listed.The gains come after Supermicro shares lost ground in recent months as it was accused of "accounting manipulation" and delayed the filing of its annual report. Shares of Super Micro Computer (SMCI) climbed in ear ...

Super Micro Computer, Inc. (SMCI) has experienced a tumultuous period, with its stock price plummeting 70% over the past three months. This sharp decline can be attributed to a series of setbacks that have shaken investor confidence and cast a shadow over the company’s short-term outlook.Image Source: Zacks Investment ResearchReasons Behind SMCI Stock’s Drastic FallThe initial catalyst for Super Micro Computer’s decline came in late August when a scathing report from Hindenburg Research alleged accounting m ...

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 ...

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 ...

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) ...