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
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.
The Truth Behind Super Micro Computer’s (SMCI) Stock Surge: Unpacking the Latest Developments
In 2024, Super Micro Computer has seen remarkable growth, with its stock up +46.06% year-to-date (YTD), vastly outperforming the S&P 500, which is up +26.81% in the same period. This performance has not gone unnoticed by investors,
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 Rally Fizzles. AI Stock Slides Again Ending Strong Run.
SMCI stock fell again Tuesday ending a rally that appeared to signal that the data center tech company was bouncing back.
Supermicro Stock Jumps After Probe Finds No Accounting Wrongdoing
Key Takeaways Super Micro Computer said an independent review of its accounting practices found no wrongdoing.The computer server maker added that concerns raised by its former auditor "were not supported by the facts.
Super Micro Stock Jumps. Inquiry Shows No Evidence of Fraud by Management.
The server maker has been a part of the frenzy around artificial intelligence companies and has had big swings, moving up or down by 10% or more in 10 of November’s 19 trading days.
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.
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 Soars 26% After Nasdaq Delisting Averted but Musk’s $6B Order Loss Stings
Super Micro stock soars 37% after filing a Nasdaq compliance plan, avoiding delisting. However, losing Elon Musk’s $6B order ...
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.
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JP Morgan Issues Underweight Rating for Super Micro Computer Inc (SMCI) Stock
JP Morgan has recently reduced Super Micro Computer Inc (SMCI) stock to Underweight rating, as announced on November 6, 2024, according to Finviz. Earlier, on October 31, 2024, Argus had reduced the ...
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 ...
Super Micro says independent review finds no evidence of misconduct as company searches for new CFO
Super Micro Computer (SMCI) stock soared after the server maker announced that an independent review of its accounting ...