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Here Is What Could Be Next for Super Micro Computer as Deadline Gets Closer
The Motley Fool· 2024-11-15 15:52
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. ...
Super Micro Stock Delisting: What Are Your Options?
Forbes· 2024-11-15 13:34
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 ...
Super Micro Computer Stock Sank Again Today -- Is the Beaten-Down AI Stock Cheap Enough to Buy Now?
The Motley Fool· 2024-11-14 23:22
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) ...
Next Week Could Be Huge for Super Micro Computer Stock. 2 Big Things Investors Need to Watch
The Motley Fool· 2024-11-14 16:35
Like a frog in a pot of boiling water, things keep getting more uncomfortable for Super Micro Computer (SMCI -9.10%) as times goes on.Supermicro's growing accounting debacle began in late August as the target of a short report from Hindenburg Research. Just a day later, the company delayed its 10-K filing. In September, the Department of Justice launched an investigation into the company over accounting issues, according to The Wall Street Journal, and last month, Ernst & Young resigned as the company's aud ...
The Super Micro Computer Drama Could End This Week
The Motley Fool· 2024-11-14 14:45
The company faces a critical deadline on Nov. 16.In today's video, I will be talking about recent updates regarding Super Micro Computer (SMCI -13.38%). 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. 13, 2024. The video was published on Nov. 13, 2024. ...
What Super Micro Computer Stock Investors Should Know About Recent Updates
The Motley Fool· 2024-11-14 13:15
Could Super Micro Computer lose customers because of all its current problems?In today's video, I discuss recent updates affecting Super Micro Computer (SMCI -6.31%). 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. 12, 2024. The video was published on Nov. 12, 2024. ...
Super Micro Computer Price Levels to Watch as Stock's Slump Accelerates
Investopedia· 2024-11-14 03:45
Key TakeawaysSuper Micro Computer shares continued sliding in extended trading after leading Nasdaq decliners on Wednesday following news that the embattled server maker would delay the filing of its quarterly results. The stock's sell-off has continued after breaking down below a descending broadening wedge pattern late last month on above-average volume.Investors should watch important support levels on Super Micro's chart around $17 and $12, while keeping an eye on key resistance levels near $23 and $30. ...
Supermicro Stock's Brutal 2024 Keeps Getting Worse
Investopedia· 2024-11-13 20:40
Key TakeawaysShares of Super Micro Computer extended their 2024 swoon on Wednesday, with the stock dropping after the company said it would not submit its fiscal first-quarter results in a timely manner.Supermicro said last month that it could not predict when it would file its annual report for 2024. The company risks being delisted from the Nasdaq.Supermicro's shares are down more than 25% this year and well off 2024 highs. Shares of Super Micro Computer (SMCI) extended their 2024 swoon on Wednesday, wit ...
SMCI stock set to crash even further as delisting fears loom
Finbold· 2024-11-13 15:08
The most publicized and notable stock market meltdown of 2024, at least thus far, has been the tale of Super Micro Computer Inc (NASDAQ: SMCI). The semiconductor company, which had at one point rallied by as much as 316% in 2024 has been on a steady yet steep decline.At this point in time, however, Supermicro could be facing an existential threat — after a damning report from noted short-selling activist group Hindenburg Research, the company has consistently delayed the filing of important documents with t ...
Super Micro shares fall as it delays filing of September quarter report
Proactiveinvestors NA· 2024-11-13 15:02
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...