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-0.00253443526170788 -0.00187327823691462 -0.00275482093663912 -0.00639118457300274 -0.00495867768595029 -0.00319559228650129 0.00275482093663912 0.00275482093663912
Stock impact report

This Is Why SMCI Stock Bounced Back, and Why It's Time to Buy [Yahoo! Finance]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Yahoo! Finance
However, self-inflicted setbacks resulted in a sharp decline in share prices. Despite this, the SMCI stock rebounded strongly, becoming the top performer on the S&P 500 on Tuesday with a 31.2% increase. Does this turnaround prompt consideration about the right time to invest in the SMCI stock? Let's see – In recent times, Supermicro faced a slew of discouraging news that dragged its share price down. In August, Hindenburg Research alleged that Supermicro was involved in accounting irregularities, and the bearish report had a devastating impact on the SMCI stock. The following day, things worsened after Supermicro declared that it would delay filing its annual 10-K report with the SEC. A few weeks later, the DOJ investigated Supermicro for accounting violations, while the Nasdaq issued a letter of non-compliance that threatened to delist the company from the tech-laden index. If delisted, the stock may trade over the counter, affecting trading volume. Adding to the woes, Supermicro Show less Read more
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