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Super Micro Slides on Weak Outlook as Delisting Risk Looms
Shares of Super Micro Computer Inc. plunged on Wednesday after the server maker issued a disappointing sales forecast and failed to give a timeline for filing its previous fiscal year’s official financial statements.
Super Micro Stock Tumbles After Business Update. There Was No Full-Year Outlook.
On Tuesday, Super Micro said its independent “Special Committee” formed by the board of directors and led by independent counsel found “no evidence of fraud or misconduct on
Super Micro Shares Fall 17% as Annual Results Delay Remains Unresolved
Super Micro, a major player in the server industry facing scrutiny, has experienced a 17% decline in share value during extended trading. This sharp drop followed the company’s release of unaudited quarterly results,
Super Micro stock sinks on weaker-than-expected outlook, uncertainty over annual filing
Super Micro stock slid 10% as the company's latest outlook fell short of Wall Street's expectations. The company also said it couldn't predict a timeline for filing its 10-K.
Super Micro’s Sales Update Falls Short. The Stock Drops.
Super Micro provided a worse-than-expected business update for its revenue Tuesday afternoon. The stock is falling in after-hours trading. The AI server company gave an update for its fiscal first-quarter with adjusted earnings per share range of 75 cents to 76 cents,
22h
on MSN
Can Anything Save Super Micro Computer?
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
2d
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro shares soared 246% last year after jumping 87% in 2023. The stock peaked at $118.81 in March, shortly after being ...
4d
Super Micro slumps as weak forecast, annual report uncertainty fuel investor angst
Shares of Super Micro Computer tumbled more than 20% in premarket trading on Wednesday as an unclear timeline for its annual ...
3d
Super Micro Computer’s (NASDAQ:SMCI) Fair Valuation Comes with High Risks
I currently hold a neutral stance on Super Micro Computer (SMCI), a supplier of data center servers and storage solutions.
2d
on MSN
How Hudson Labs uncovered red flags at Super Micro years before its auditor stepped down
Kris Bennatti, Hudson Labs CEO and co-founder, joins 'Fast Money' to talk its red flags it saw in Super Micro years ago.
4d
Super Micro shares fall as server maker misses sales targets, annual filing uncertain
Super Micro Computer , whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of ...
10d
on MSN
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 ...
2d
Super Micro Computer: The Risk Matrix Has Changed (Rating Downgrade)
Super Micro Computer still hasn't filed its overdue financials and its auditor resigned. Read why I've lowered my rating for ...
4d
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 ...
3d
Super Micro Bosses Face New Investor Suit Over Accounting Woes
Super Micro Computer Inc. leaders misled investors with positive statements about the server maker’s financial performance ...
2d
Super Micro Computer: Anatomy Of A Stock Collapse (Technical Analysis)
Super Micro Computer is undervalued with a P/E ratio of 6.785x. Learn why SMCI stock is a strong buy for contrarian investors ...
4d
on MSN
Stock movers after Trump's win: Tesla, CVS, Super Micro and more
The stock is down 22% year-to-date. Tesla rallies after Trump wins election. Tesla shares surged 15% after Donald Trump’s ...
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