Investing.com– Shares of Super Micro Computer Inc (NASDAQ:) rose sharply in evening deals on Monday after it named BDO USA as its auditor and said it had submitted a plan to the Nasdaq seeking more time to comply with listing rules. Super Micro shares soared more than 32% to $28.54 by 05:55 ET (10:55 GMT). The server maker said it believed it will be able to complete its annual and
After Ernst & Young walked away, all eyes should be on its previous auditor. The risks include Nasdaq delisting. Source link
Super Micro Computer (NASDAQ:) shares dropped over 4% in premarket trading Wednesday following the company’s announcement of a delay in filing its quarterly 10-Q report for the period ending September 30, 2024. A Form 10-Q is the company’s quarterly financial report. In its press release, Super Micro Computer attributed the delay to unresolved issues related to an ongoing internal review of the company’s controls and reporting processes. The review, initiated
