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Super Micro Computer up 78% this week; What has changed since auditor exit?
Super Micro Computer (NASDAQ:SMCI) jumped over 78% this week after the artificial intelligence server maker appointed BDO USA as its new independent auditor and submitted a compliance plan with the Nasdaq.
Super Micro just hired a new auditor that might save it from getting the boot from Nasdaq
The Nvidia-adjacent server maker hired BDO USA after its former auditor quit because it couldn’t trust the management team or the board of directors.
Why Super Micro Computer Stock Jumped Today
Shares of Super Micro Computer (NASDAQ: SMCI) were soaring today after the scandal-ridden artificial intelligence (AI) server maker finally had some good news to share with investors. The company, which has unraveled over accounting issues,
Super Micro’s stock had a historic week — but it’s still 70% off its highs
There were various positive developments for Super Micro this week, beyond the news that the company has a new auditor.
The Score: Target, Super Micro Computer, Alphabet and More Stocks That Defined the Week
Super Micro Computer is on a road to recovery, recharging its shares. The specialized server maker on Monday submitted a plan to stay listed on the Nasdaq after it missed deadlines for providing financial reports to investors.
1d
on MSN
Super Micro Investors Whiplashed as Tech Firm Fights for Listing
A roller-coaster ride for Super Micro Computer Inc. shares is likely to continue for some time, as investors weigh the ...
4d
Ex-Employee Says BDO Fired Him in Retaliation For Fraud Concerns
A former employee has sued BDO USA PC in federal court alleging retaliation in violation of the New York Labor Law and defamation.
5d
Super Micro Computer names BDO as auditor, files Nasdaq compliance plan
Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional ...
Accounting Today
1d
Board members need more audit and finance skills
Audit and finance skills are heavily in demand for corporate board members, according to a recent survey. Accounting Today is ...
18h
Super Micro Computer: Understanding The Recent Developments, Reversal Possible
Financial analysis of SMCI partnership with NVDA during data center boom, potential reversal in stock, reliable FQ1'25 ...
1d
What's Going On With Super Micro Computer Shares Friday?
The Details: Super Micro, in the compliance plan, said it believes it will be able to file both its 2024 fiscal-year earnings ...
10d
BDO Managing Director Let Go at Age 70 Advances Job Bias Lawsuit
BDO USA Inc. must face a managing director’s claim that age discrimination fueled his termination after he rejected the ...
2d
Super Micro Computer: Bargain Buying Opportunity Has Finally Arrived (Upgrade)
Super Micro investors have the timely opportunity to consider SMCI's valuation bifurcation. Read more on SMCI's operational ...
4d
Super Micro Computer Shares Soar 32% As It Avoids Getting Booted Off Nasdaq, But Analysts Are Not Convinced: Here's What's Coming Next For SMCI
Shares of Super Micro Computer Inc (NASDAQ: SMCI) closed 31.24% higher in trade on Tuesday at $28.27 apiece. This happened ...
4d
Northland says Supermicro auditor a ‘decent first step’ to restoring confidence
After Supermicro (SMCI) announced the appointment of BDO USA to be its independent auditor, effective immediately, Northland called the news “a ...
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