Why Super Micro Computer Stock Plummeted This Week
Super Micro Computer (NASDAQ: SMCI) stock lost ground over the last week of trading. The company's share price closed out Friday's session down 13.3% from the previous week's close, according to data from S&P Global Market Intelligence.
Super Micro Stock Rises. The Server Maker’s Comeback Hinges on This.
While worries about slowing AI spending and higher rates have weighed on the broader market, SMCI’s biggest issue is more specific.
Super Micro slides 8% after stock is dropped from Nasdaq 100
In October, Ernst & Young resigned as Super Micro's auditor, resulting in a 33% stock plunge. An independent special board committee evaluated concerns from Ernst & Young and found no misconduct following a three-month investigation. The report recommended the company replace its CFO. The company said in November that BDO was its new auditor.
Super Micro Computer Stock Has Soared Almost 100% in the Past Month. Is a Bigger Rally Coming?
Super Micro Computer (SMCI -4.64%) has been one of the hottest stocks to own during the past month. Since plummeting to $18 a month ago, the stock has rallied in a big way -- almo
Super Micro’s stock still faces accounting overhang despite delisting reprieve
Super Micro’s stock rallies after Nasdaq extends the deadline for financial filings, but the stock is still being weighed down by an accounting overhang.
Here’s why Super Micro (SMCI) stock price is crashing
Since then, the business has found a new auditor, announced sweeping changes in leadership, and SMCI stock recovered to $40.54 at press time. However, on December 10, shares of SMCI saw an 8.20% crash — and in the premarket trading session, prices went as low as $38.99, bringing the combined decrease to 11.70%.
Super Micro Stock Was Hurt by the Fed. Why SMCI Is Rising Now.
The server maker has been on a roller coaster, getting caught up in the excitement about artificial intelligence which helped shares lift to a March high, but worries about accounting dragged them back down.
Super Micro Computer Inc. stock underperforms Thursday when compared to competitors
Shares of Super Micro Computer Inc. SMCI slipped 3.07% to $31.24 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.
Super Micro Computer Stock Slumps on Nasdaq 100 Removal, Possible Capital Raise
Super Micro Computer shares slumped Monday morning as the stock felt the impact of a pair of headlines that came out after ...
Super Micro Computer Dropped 70% from Its High and Is Exiting the Nasdaq 100. Could This Beaten-Down Stock Recover in 2025?
Though Supermicro has offered investors some signs of a turnaround in recent weeks, the company just got another bit of ...
Super Micro executives sound upbeat — but the stock is still a sell, analyst says
Super Micro’s management helped assuage some concerns over customer orders, margins and liquidity, but J.P. Morgan is still ...
Forbes1mon
What's Happening With Super Micro Stock?
Super Micro Computer stock (NASDAQ: SMCI) gained about 15% in Thursday’s trading and remains up by close to 66% over the past week. The gains come as the company appears to have bought itself ...
Nasdaq27d
Is The Worst Over For Super Micro Stock?
Super Micro Computer stock (NASDAQ: SMCI) gained about 15% in Thursday’s trading and remains up by close to 66% over the past week. The gains come as the company appears to have bought itself ...
Morningstar1mon
Super Micro's stock had a historic week - but it's still 70% off its highs
That's translated into a 78% weekly surge in Super Micro's stock (SMCI), the biggest weekly gain on record. That increase is more than double the prior weekly record of 33.5%, which was seen in ...
Super Micro Computer Rose More Than 300% to Start 2024. Can It Repeat That in 2025?
Few companies started off 2024 with a bang like Super Micro Computer (SMCI -3.07%). It rose more than 300% until it peaked in ...
Super Micro Computer's Outlook Is Now A PIPE Dream
Super Micro Computer's volatility and short interest make it a risky pick. Learn why SMCI stock is downgraded to sell amidst ...