Super Micro Shares Jump 7% In Premarket As Special Committee Clears It Of 'Misconduct' Allegations, But Top Investment Bank Flags 2 Key Aspects To Watch

Super Micro Computer Inc. SMCI announced the completion of an independent review on Monday. The review, conducted by an Independent Special Committee, found no “evidence of misconduct” by the company’s management or board.What Happened: The review was initiated in response to allegations of misconduct. Following the report, the company shares popped over 30% on Monday and gained 7% during Tuesday’s premarket session.Despite acknowledging "modest lapses," JPMorgan analysts have highlighted two crucial aspect ...