The company’s shares have swung up and down since accounting giant Ernst & Young resigned as its auditor in October after losing confidence in its financial reporting. Shares of Super Micro Computer, Inc. (Nasdaq: SMCI) stock surged more than 34% in midday trading on Monday after a special committee found “no evidence of misconduct” and the company announced a new chief accounting officer and that it was seeking a new chief financial officer.

BING NEWS:
  • Super Micro's Turning Point
    Investigation revealed no evidence of misconduct by management or the Board ... long position in the shares of SMCI either through stock ownership, options, or other derivatives.
    12/4/2024 - 6:04 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 54.76% potential upside ...
    12/3/2024 - 3:49 am | View Link
  • With Fraud Allegations Cleared, Is Super Micro Computer Stock (SMCI) a Buy?
    Super Micro Computer’s stock (SMCI) has been at the center ... The special committee overseeing the investigation found no evidence of misconduct by management or the board of directors.
    12/3/2024 - 3:41 am | View Link
  • 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.
    12/2/2024 - 6:00 am | View Link
  • SMCI stock price surges 34%: ‘No evidence of misconduct,’ but Super Micro Computer isn’t out of the woods yet
    Shares of Super Micro Computer, Inc. (Nasdaq: SMCI) stock surged more than 34% in midday trading on Monday after a special committee found “no evidence of misconduct” and the company announced ...
    12/1/2024 - 10:00 pm | View Link
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