Super Micro Computer is Up, But Not in the Clear Yet
This morning, Super Micro announced the findings of its special committee’s audit. The findings by Cooley LLP and forensic accounting experts from Secretariat Advisors, LLC, reported no evidence of misconduct by management or the Board of Directors. Most importantly, the company will have no restatement of financials.
Super Micro report finds 'no evidence of misconduct'
Super Micro Computer said an independent special committee formed earlier this year at the request of the server maker's board found no evidence of corporate misconduct or fraud.
Super Micro to hire new CFO, says independent review finds no evidence of fraud
Super Micro Computer has begun the search for a new finance chief based on recommendations made by a special committee formed to look into the AI server maker's accounting practices, the company said on Monday.
Super Micro Computer Pops on Good News. Is the Stock Safe to Buy Now?
Shares of Super Micro Computer (NASDAQ: SMCI), the ailing artificial intelligence (AI) server maker, were surging today after the company finally gave investors a favorable update from its independent special committee.
Super Micro Computer Stock Is Surging Today: What's Behind The Move?
Super Micro Computer Inc (NASDAQ:SMCI) shares are trading higher Monday after the company announced the completion of its review by an independent special committee.
Super Micro's Shares Jump After Server Maker Says Review Finds No Evidence of Misconduct
Just over a month after Ernst & Young resigned as its public accounting firm, Super Micro Computer says a review committee has found no evidence of fraud or misconduct among the server maker’s leaders
Super Micro Computer surges 31% after the company says committee found no evidence of misconduct
Super Micro Computer soared Monday after a special committee's review found no evidence of misconduct. EY had resigned as auditor in October.
Stock in Super Micro Computer Jumps After It Ends Accounting Review
Shares in Super Micro Computer surged more than 20% after the company said a review of its accounting hadn't supported claims made by former auditor Ernst & Young, or raised major concerns about senior management.
Super Micro Review Finds No Evidence of Fraud; CFO Replaced
Super Micro Computer Inc. said an independent review of its business found no evidence of misconduct but recommended that the server maker appoint new top financial and legal leadership.
Super Micro Stock Soars 30%. Inquiry Shows No Evidence of Fraud by Management.
The server maker has been a part of the frenzy around artificial intelligence companies and has had big swings, moving up or down by 10% or more in 10 of November’s 19 trading days.
Super Micro Computer pops 30% after special committee finds no 'evidence of misconduct'
Shares of Super Micro Computer surged more than 30% after a special committee ruled it found "no evidence of misconduct" at the embattled AI server maker.
Super Micro Computer stock surges 23% after a probe clears management of misconduct
Shares of Super Micro Computer (SMCI) (SMCI) soared 23% on Monday morning following the announcement that an independent ...
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Investors Jumping Back into Super Micro Computer
Super Micro Computer (SMCI) reported good news this morning as the company released the findings of a review by an ...
Why Super Micro Computer (SMCI) Is One of the Best Affordable Tech Stocks to Invest in Now
We recently published a list of 10 Best Affordable Tech Stocks To Invest In Now. In this article, we are going to take a look ...
Bulls vs. Bears: What’s next for SMCI?
Learn about the recent performance of Super Micro Computer (SMCI) stock and what analysts are saying about its future ...
Super Micro Computer Soar 20% After Governance Overhaul and Explosive AI Growth
No misconduct, record-breaking revenue, and bold leadership changes propel Supermicro's stock into the spotlight.
Why Is Super Micro Computer, Inc. (SMCI) Among Louis Navellier’s Top Stock Picks Heading Into 2025?
In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against Louis ...
Why is Supermicro stock (SMCI) up 35% on Monday?
Supermicro says independent review did not find evidence of fraud. Supermicro stock has well over doubled since mid-November.
Super Micro Computer: Bears Run For Cover, As Bulls Pull The Trigger (Technical Analysis)
Super Micro Computer’s rise and fall shows potential for a recovery. See why SMCI stock is well-positioned to grow with key ...