Why Super Micro Computer Stock Is Plummeting Today [Yahoo! Finance]
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
The server specialist's share price was down 10.8% as of 2:45 p.m. ET. The stock was down as much as 18.6% earlier in the daily session, and trading was temporarily halted due to the high level of volatility. The Wall Street Journal published a report this morning stating that the U.S. Department of Justice (DOJ) had commenced an investigation into Supermicro. The reported investigation comes on the heels of a report published by short-seller Hindenburg Research alleging bad accounting practices and structural weaknesses in the business. Supermicro stock faces another bearish catalyst According to the report, a San Francisco-based attorney at the U.S. prosecutor's office in the city has been contacting people connected to Super Micro Computer to gather information about the company. The report's authors suggest that the inquiries appear to be related to accusations of accounting violations from a former employee. News that the DOJ may be investigating the company follows a rep
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News
- Super Micro Computer stock plunges on report of DOJ probe [Yahoo! Finance Canada]Yahoo! Finance Canada
- DEPARTMENT OF JUSTICE INVESTIGATING SUPER MICRO COMPUTER, INC. (NASDAQ: SMCI): DiCello Levitt LLP Encourages SMCI Investors with Losses to Contact the FirmGlobeNewswire
- Contact Levi & Korsinsky by October 29, 2024 Deadline to Join Class Action Against Super Micro Computer, Inc. (SMCI)Accesswire
- Super Micro Computer stock plunges on report of DOJ probe [Yahoo! Finance Canada]Yahoo! Finance Canada
- Super Micro Computer stock plunges on report of DOJ probe [Yahoo! Finance]Yahoo! Finance
SMCI
Earnings
- 8/6/24 - Miss
SMCI
Sec Filings
- 9/20/24 - Form 8-K
- 9/3/24 - Form 8-K
- 8/30/24 - Form NT
- SMCI's page on the SEC website