Super Micro Computer Has a New Auditor. Is It Safe to Buy the Stock Now?
Super Micro Computer(SMCI) The Motley Fool·2024-11-29 11:55
Super Micro Computer (SMCI 1.86%) stock has been on a roller-coaster ride in recent months. The tech stock has quickly gone from a hot artificial intelligence (AI) play to becoming a risky investment that may not only get the boot from the S&P 500, but could also end up getting delisted. Over the past six months, the company has lost nearly 60% of its market value.But since the tech company announced a new auditor in BDO (the previous one resigned over concerns relating to internal controls), there appears ...