SMCI stock price surges 34%: ‘No evidence of misconduct,’ but Super Micro Computer isn’t out of the woods yet
SMCI shares have swung up and down since accounting giant Ernst & Young resigned as Super Micro Computer's auditor in October after losing confidence in its financial reporting.
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 Computer surges 31% after the company says committee found no evidence of misconduct
Super Micro Computer soared Monday after a special committee's review found no evidence of misconduct. EY had resigned as auditor in October.
Super Micro pops nearly 30% after special committee finds no ‘evidence of misconduct'
Super Micro Computer surged more than 14% after a special committee ruled that it found “no evidence of misconduct” at the embattled AI server maker.
Super Micro’s shares jump after server maker says review finds no evidence of misconduct
Just over a month after Ernst & Young resigned as its public accounting firm, Super Micro Computer says a review committee has found no evidence of fraud or misconduct among the server maker’s leadership.
Super Micro Shares Surge as Internal Review Clears Leadership of Misconduct
Ernst & Young (EY) resigned in October after raising concerns about transparency and governance, prompting the review.
Thinking of Buying Super Micro Computer Stock? 3 Things You Should Know
Super Micro Computer (SMCI -6.93%), the AI server maker, has taken investors on a wild ride over the last three months. The company's troubles began with a short-seller report fro
Stock in Super Micro Computer Jumps After It Ends Accounting Review
Shares in Super Micro Computer surged more than 20% after the company said a review of its accounting hadn't supported claims made by former auditor Ernst & Young, or raised major concerns about senior management.
Supermicro jumps 14% after special committee finds no misconduct
The shares are up 14%, or $4.41, to $37.05 in morning trading. Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks
Should You Forget Super Micro Computer and Buy These 2 Millionaire-Maker AI Stocks Instead?
Microsoft and Broadcom are more stable long-term AI plays. Super Micro Computer's stock soared more than 30% on Nov. 19 after it appointed a new independent auditor and submitted a compliance plan to Nasdaq to avoid a potential delisting.
Super Micro Stock Is Surging Again. These Questions Still Need Answers.
The AI server maker’s shares were once again leading the S&P 500’s biggest gainers early Tuesday, jumping 7% ahead of the open.
Super Micro Computer: You're Gambling If You Buy This, Not Investing
Super Micro Computer faces serious risks with auditor resignation and DoJ investigation. Learn why SMCI stock is highly risky ...
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Ming Yuan Cloud Proposes Auditor Change to Ernst & Young
Ming Yuan Cloud Group Holdings Limited (HK:0909) has released an update. Ming Yuan Cloud Group Holdings Limited has announced ...
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Hong Kong IPO Market to Rally Next Year, Mainland Listings to Stay Stable, Ernst & Young Says
(Yicai) Dec. 3 -- Hong Kong’s initial public offering market will rebound next year, and could return to the top tier of ...
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Need for 'Right to Disconnect'
The tragic death of Anna Sebastian Perayil, a 26-year-old employee at Ernst & Young (EY), from cardiac arrest after her first ...