Super Micro shares plummet 22% after financial update heightens investor concerns

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.Super Micro shares plunged 22% on Wednesday to their lowest level since May of last year after the embattled server maker issued disappointing unaudited financials and failed to provide specifics plans to keep its Nasdaq listing. The stock dropped to $21.55 as of early afternoon and is now down 82% from its high in March, a sell ...