Super Micro Computer Shares Spike 29% After Company Says Review Found ‘No Evidence' Of Fraud
Super Micro Computer(SMCI) Forbes·2024-12-02 23:34ToplineShares of information technology firm Super Micro Computer closed up nearly 30% on Monday after the company said an independent committee found “no evidence of fraud or misconduct”—after a rocky 2024 marked by governance concerns raised by a former auditor and other alleged accounting issues.Super Micro shares closed up almost 30% on Monday. (Photo Illustration by Omar Marques/SOPA ... [+] Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Key FactsSuper Micro shares closed ...