Smci Stock Price Continues To Drop: What Is Happening With Super Micro And Ey?

Michael Grothaus, Fast Company
Thu, 10/31/2024 - 9:35am

A major selloff of the server company’s shares looks like it may continue into a second day after news broke that its auditor has resigned. Shares in Super Micro Computer, Inc. (Nasdaq: SMCI) have had a roller coaster of a year, but yesterday the company’s stock price took one of its worst beatings in recent memory.

Topics: shares inc nasdaq smci ernst young ey super micro computer s super micro computer stock price company server auditor news resigned

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BING NEWS:

Super Micro Computer Stock Deserved The Slump
Waning confidence in Super Micro's management is likely to lead to a sustained discount in the stock's valuation. Learn more about SMCI stock here.
10/31/2024 - 7:25 am | View Link
Super Micro Stock Falls Further After 33% Drop. Why Its Accountant Resigning Is a Big Deal.
According to the filing, EY sent the company its resignation letter on Oct. 24.“We are resigning due to information that has recently come to our attention which has led us to no longer be able to ...
10/31/2024 - 7:06 am | View Link
Super Micro Computer Inc.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
10/28/2024 - 1:00 pm | View Link
Super Micro Computer Rebounds Despite SEC Filing Delays
Super Micro Computer's stock rebounded 10% from oversold territory following overblown fears from the Hindenburg short report. SMCI ships over 100,000 GPUs quarterly, potentially generating $16 ...
10/22/2024 - 7:18 am | View Link
Super Micro Computer (SMCI) Price Prediction and Forecast
Key Drivers of Super Micro Computer’s Stock Performance The current consensus median one-year price target for Super Micro Computer is $65.00, which represents a nearly 36.58% potential upside ...
10/18/2024 - 4:30 am | View Link
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Smci Stock Price Continues To Drop: What Is Happening With Super Micro And Ey?

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