Why Super Micro Computer Stock Is Crashing Today

Super Micro Computer investors got some very concerning news today, and the stock is cratering. Super Micro Computer (SMCI -32.41%) stock is getting crushed in Wednesday's trading following news that the company's auditing firm has resigned. The server specialist's share price was down 31.6% as of 12:30 p.m. ET. Supermicro published a regulatory filing with the Securities and Exchange Commission (SEC) today that revealed that Ernst & Young (EY) had resigned as its financial auditor. In its resignation lette ...