Super Micro Computer up 78% this week; What has changed since auditor exit?
Super Micro Computer (NASDAQ:SMCI) jumped over 78% this week after the artificial intelligence server maker appointed BDO USA as its new independent auditor and submitted a compliance plan with the Nasdaq.
Super Micro just hired a new auditor that might save it from getting the boot from Nasdaq
The Nvidia-adjacent server maker hired BDO USA after its former auditor quit because it couldn’t trust the management team or the board of directors.
What's Going On With Super Micro Computer Shares Friday?
The Details: Super Micro, in the compliance plan, said it believes it will be able to file both its 2024 fiscal-year earnings and its 2025 fiscal-year first-quarter earnings within Nasdaq’s acceptable discretionary time.
Super Micro Computer: Understanding The Recent Developments, Reversal Possible
Financial analysis of SMCI partnership with NVDA during data center boom, potential reversal in stock, reliable FQ1'25 numbers, cheap FWD PEG ratio. Read more here.
Super Micro Computer names BDO as auditor, files Nasdaq compliance plan
Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules, sending its shares soaring 27% in extended trading.
Super Micro Computer Shares Soar 32% As It Avoids Getting Booted Off Nasdaq, But Analysts Are Not Convinced: Here's What's Coming Next For SMCI
Shares of Super Micro Computer Inc (NASDAQ: SMCI) closed 31.24% higher in trade on Tuesday at $28.27 apiece. This happened after it announced the appointment of BDO USA as its Independent Auditor and also filed a compliance plan with Nasdaq,
Super Micro Computer Fights Back: 'Nasdaq Delisting Will Not Happen!' Shares Soar Amid Bold Comeback
Super Micro Computer Inc. is staging a dramatic rebound, naming BDO USA as its new auditor and submitting a detailed compliance plan to Nasdaq to maintain its listing. The AI server makers announcement sent shares
Super Micro surges as AI server maker hires new auditor, seeks filing extension
Shares of Super Micro Computer soared nearly 30% in premarket trading on Tuesday, after the server maker sought an extension from Nasdaq for its delayed financial filings and appointed a new auditor as it looks to avoid being delisted.
Super Micro’s stock had a historic week — but it’s still 70% off its highs
There were various positive developments for Super Micro this week, beyond the news that the company has a new auditor.
The Score: Target, Super Micro Computer, Alphabet and More Stocks That Defined the Week
Super Micro Computer is on a road to recovery, recharging its shares. The specialized server maker on Monday submitted a plan to stay listed on the Nasdaq after it missed deadlines for providing financial reports to investors.
Super Micro Computer: Bargain Buying Opportunity Has Finally Arrived (Upgrade)
Super Micro investors have the timely opportunity to consider SMCI's valuation bifurcation. Read more on SMCI's operational ...
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Board members need more audit and finance skills
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Ex-Employee Says BDO Fired Him in Retaliation For Fraud Concerns
A former employee has sued BDO USA PC in federal court alleging retaliation in violation of the New York Labor Law and defamation.
Northland says Supermicro auditor a ‘decent first step’ to restoring confidence
After Supermicro (SMCI) announced the appointment of BDO USA to be its independent auditor, effective immediately, Northland called the news “a ...
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Supermicro hot-swaps auditor in hope of dodging Nasdaq delisting
Server maker tries accounting reboot amid reports of customers bailing Server maker Supermicro has appointed a new ...
BDO Managing Director Let Go at Age 70 Advances Job Bias Lawsuit
BDO USA Inc. must face a managing director’s claim that age discrimination fueled his termination after he rejected the ...