Super Micro Computer stock (NASDAQ: SMCI) has declined by about 49% over the past month and remains down by over 80% from highs seen earlier this year. Now the data center solutions company ...
SMCI's stock has suffered significantly after the resignation of its external auditor, Ernst & Young, casting doubt on the accuracy of its financial statements and raising red flags about controls.
Despite seeing a minor revenue contraction in 2020 with a decrease of 4.6%, shares of SMCI still managed to increase year-over-year on still-growing net income. As the IT services provider looks ...
In addition, you can check the fund’s top 5 holdings for its best picks for 2024. Columbia Acorn Fund highlighted stocks like Super Micro Computer, Inc. (NASDAQ:SMCI), in the third quarter 2024 ...
Following an eye-watering rally earlier this year, the SMCI stock has now flipped to YTD declines as it faces continued implications of ongoing accounting woes. In the latest turn of events ...