Super Micro stock surges as company files plan to avoid Nasdaq delisting [Yahoo! Finance Canada]
Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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US:NASDAQ Investor Relations:
ir.supermicro.com/investor-relations
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Source: Yahoo! Finance Canada
The company said its compliance plan shows it is on track to submit delayed filings to the SEC "and become current with its periodic reports within the discretionary period available to the Nasdaq staff to grant." Barron's reported on Friday after the bell that Super Micro would submit its plan to prevent delisting by Monday's deadline, citing people familiar with the matter. Super Micro shares jumped 25% in after hours trading following the filing late Monday; the stock surged 15.9% during regular trading to start the week. Shares have tumbled roughly 65% over the past three months. After gaining as much as 300% earlier this year, SMCI stock is now down over 20% in 2024. Super Micro Computer, Inc. (SMCI) The AI server maker and Nvidia ( NVDA ) customer also said Monday that the company has hired a new auditor, BDO, after its prior accountant, EY, resigned in late October. Super Micro has been grappling with the fallout from an August report by short selling firm Hindenburg
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SMCI
News
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- High Growth Tech Stocks to Watch in November 2024 [Yahoo! Finance]Yahoo! Finance
SMCI
Earnings
- 8/6/24 - Miss
SMCI
Sec Filings
- 11/20/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/13/24 - Form NT
- SMCI's page on the SEC website