Super Micro Computer says Ernst & Young resigns as auditor, shares tank
Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% and deepening investor worries about accounting practices at the artificial intelligence server maker.
As an aside, SNAP jumped post earnings yesterday - see “ Should You Buy, Sell, Or Hold SNAP Stock At $12? In our recent ...
On Friday, Super Micro Computer Inc (SMCI) stock saw a decline, ending the day at $26.05 which represents a decrease of $-3.06 or -10.51% from the prior close of $29.11. The stock opened at $27.6 and ...
EY resigned after communicating concerns in July over issues like transparency and internal control related to financial ...
Super Micro Computer ( NASDAQ: SMCI) is expected to report its first-quarter results for the fiscal year 2025 on Nov. 5, ...
Super Micro Computer (SMCI -10.12%) has been one of the early stars of the artificial intelligence (AI) boom. The maker of ...
Investors and analysts reacted immediately to these revelations. The price of SMCI's common stock declined dramatically. From ...
EY's run for the exit followed a Wall Street Journal report of a U.S. Department of Justice investigation into Super Micro.
Super Micro Computer (NASDAQ:SMCI) faces mounting questions as to the future of the company, including if it can avoid ...
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