SuperMicro Computer (SMCI) saw its shares plunge over 30% after announcing that Ernst & Young (EY) had resigned as its auditor, deepening investor concerns around the company’s accounting ...
(Reuters) -SuperMicro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% and deepening investor worries about accounting practices ...
Ernst & Young has resigned as the auditor for SuperMicro Computer SMCI-30.80%decrease; red down pointing triangle after finding that it can no longer rely on management’s misrepresentations.