SMCI stock surges following review, announces plans for new CFO
Shares of Super Micro Computer (NASDAQ:SMCI) soared over 18% Monday after the company announced the completion of an independent review by a special committee of its board. The review cleared management and the audit committee
Why SMCI stock is surging
After troubling months Super Micro Computer is rallying after it emerged that the artificial intelligence (AI) giant had no misconduct.
Super Micro’s (SMCI) Stock Surges Amid Leadership Overhaul After Clean Review
Super Micro Computer Inc. is undergoing significant leadership changes to enhance governance and transparency following an independent review.
Will Supermicro (SMCI) stock rise again in 2025? A look ahead
George Tsilis says Super Micro Computer's technology is not unique. Elon Musk has reportedly switched from SMCI to Dell for AI servers.
Why SMCI stock price is crashing again
Specifically, around 8:30 AM EST on November 29, SMCI shares plunged 10% within minutes, only to partially rebound and form something of a cup-and-handle pattern, leading them to their press time price near $32, per the data retrieved from Robinhood (NASDAQ: HOOD) on Friday.
SMCI Surges 65% In A Week, But Is Volatility The New Normal?
Super Micro Computer saw its stock skyrocket 65% in a week, but faces a potential delisting scare and technical challenges.
Super Micro Computer Strengthens Governance After Review
Super Micro Computer announced the completion of a review by an independent Special Committee, which found no evidence of misconduct or fraud by the company’s management or Board. The Committee, backed by forensic accounting and legal experts,
Super Micro to Name New CFO, Says No Evidence of Misconduct
Super Micro Computer Inc. said an external review of its business by a special committee of its board and external counsel found no evidence of wrongdoing and that the company will appoint new top financial leadership.
Super Micro Computer is Up, But Not in the Clear Yet
Super Micro Computer (SMCI) shares are trading higher again today as the company dropped good news on investor’s desks. This morning, Super Micro announced the findings of its special committee’s audit.
Up 30% On Monday, What's Next For Super Micro Stock?
Server maker Super Micro Computer stock (NASDAQ: SMCI) extended its recent rally, gaining close to 29% on Monday.
Super Micro report finds 'no evidence of misconduct'
But it's looking for a new CFO 'in light of rapid recent growth' Super Micro Computer said an independent special committee formed earlier this year at the request of the server maker's board found no evidence of corporate misconduct or fraud.
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Supermicro Says Probe Found No Fraud. SMCI Stock Jumps.
SMCI stock jumped Monday after Supermicro announced that a probe by an independent committee found no evidence of fraud.
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Super Micro Computer (SMCI) Stock Jumps Nearly 30%
On Monday, the S&P 500 (tracked as US SPX 500 mini on FXOpen) hit a new record high for 2024, with Super Micro Computer (SMCI ...
Why is Supermicro stock (SMCI) up 35% on Monday?
Supermicro says independent review did not find evidence of fraud. Supermicro stock has well over doubled since mid-November.
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SMCI Stock Jumps Today: Auditor Change, AI Revolution, and Market Sentiments
SMCI stock surges with strategic steps like appointing a new auditor, compliance with Nasdaq, and AI-driven growth. Explore ...
SMCI: JPMorgan says watch these two points after special committee review
Super Micro’s shares jumped nearly 29% after the release of the independent committee review on Monday. The committee ...
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Super Micro Computer (SMCI) Price Prediction and Forecast
Despite seeing a minor revenue contraction in 2020 with a decrease of 4.6%, shares of SMCI still managed to increase year-over-year on still-growing net income. As the IT services provider looks ...
Bulls vs. Bears: What’s next for SMCI?
One of the most discussed stocks on Wall Street has been shares of Super Micro Computer (NASDAQ:SMCI) which have shown some ...