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Why Super Micro Computer Stock Was Falling Again Today
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-11-01 22:08

The sell-off from its auditor's resignation continued.Shares of Super Micro Computer (SMCI -10.51%), best known for making artificial intelligence (AI) servers, were sliding for the third straight day today as the fallout from its auditor's resignation continued.The stock closed down 10.5% and is now down 47% over the last three days since it reported the news. The financial drama continuesOn Wednesday, the company said in a filing that its accounting firm, Ernst & Young (EY), had resigned. That news came a ...