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Super Micro Computer Shares Rise on Plan to Avoid Nasdaq Delisting

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  • Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%

    Super Micro said on Monday that it hired BDO as its independent auditor.
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  • Super Micro’s stock having best day in 9 months on hopes delisting to be avoided

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    Business - MarketWatch - 8 hours ago
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  • Super Micro Computer shares drop by one-third after EY resigns as auditor

    Super Micro Computer shares drop by one-third after EY resigns as auditor

    Server maker said in August it would delay the release of its fiscal year 2024 results
    Business - Financial Times - October 30

  • Super Micro Computer's shares plunge 33% after server maker's accounting firm quits

    Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firm
    Tech - ABC News - October 30
  • Super Micro Computer Stock Crashes, Wall Street Concerns Grow

    Super Micro Computer Stock Crashes, Wall Street Concerns Grow

    Shares of the Nvidia customer have crashed since its accounting firm, Ernst & Young, resigned.
    Business - Inc. - November 1

  • Super Micro’s looming deadline fuels fear of delisting. Here’s what that means.

    Super Micro’s stock was already delisted once before, in a drawn-out process with various extensions.
    Business - MarketWatch - 3 days ago

  • Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB

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  • Super Micro Computer Tumbles After Auditor EY Resigns

    Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s misrepresentations.
    Tech - The Wall Street Journal - October 30

  • Super Micro Computer to Strengthen Governance, Oversight Amid Filings Dispute

    The server maker said it continues to work on matters related to its filings with the SEC, and now expects lower sales than it had previously guided for in its fiscal first quarter.
    Tech - The Wall Street Journal - November 5

  • Will Super Micro get booted from the S&P 500? That may come before a delisting.

    Super Micro shares are down more than 80% since the company joined the S&P 500 in March. That poor performance could catch the eye of the index committee, an expert said.
    Business - MarketWatch - 4 days ago

  • Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock

    Super Micro could also get a reprieve and an extension from the Nasdaq, giving it months to come into compliance.
    Business - CNBC - 3 days ago

  • Super Micro shares plunge 33% as auditor resigns after raising concerns months earlier

    Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny before.
    Business - CNBC - October 30

  • Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance

    Super Micro, the embattled server maker, reported preliminary first-quarter results on Tuesday.
    Business - CNBC - November 5

  • Super Micro shares plummet 18% after financial update heightens investor concerns

    Super Micro's stock fell to its lowest since mid-2023 on Wednesday after the company issued unaudited quarterly results that added to investor concerns.
    Business - CNBC - November 6

  • Samsung shares rise on ‘desperate’ buyback plan

    First repurchases in seven years are aimed at boosting stock and may help avoid margin call for founding family
    World - Financial Times - 21 hours ago

  • Super Micro files plan for its delayed reports, names new auditor; stock soars 40%

    Super Micro’s stock rallies after news that staves off delisting — at least for now.
    Business - MarketWatch - 2 hours ago

  • Super Micro still offers no clear answers to investors

    Super Micro Computer Inc. did not offer investors any clear answers to questions in an investor call about its accounting woes Tuesday, leaving intact the dark cloud hanging over the company and ...
    Business - MarketWatch - November 6

  • Super Micro’s troubles build as auditor resigns, sending stock tumbling 33%

    Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller’s report put them on the minds of investors.
    Business - MarketWatch - October 30

  • Super Micro's $50 billion stock collapse underscores risk of AI hype

    Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.
    Business - CNBC - October 31
  • Super Micro's $50 billion stock collapse underscores risk of AI hype

    Super Micro's $50 billion stock collapse underscores risk of AI hype

    In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.
    Top stories - NBC News - October 31

  • Super Micro's 45% plunge this week wipes out stock's gains for the year

    Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.
    Business - CNBC - November 1

  • Here’s what Super Micro’s struggles may mean for Nvidia and Dell

    Dell might not see immediate financial benefits, but an analyst thinks customers are paying attention to Super Micro’s auditor exit, which could start helping Dell next year.
    Business - MarketWatch - November 5

  • Super Micro needs a new CEO before its AI advantage erodes

    Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down ...
    Business - MarketWatch - November 5

  • Super Micro’s stock tumbles, as one line was ‘all investors needed to hear’

    Super Micro shares set to shed another 20%-plus on Wednesday as the company acknowledged its filing delay could have some impact on the business.
    Business - MarketWatch - November 6
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