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Super Micro Computer says Ernst & Young resigns as auditor, shares tank
Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% and deepening investor worries about accounting practices at the artificial intelligence server maker.
Super Micro Computer: Implications Of A Potential Delisting And Other Structural Aspects To Consider
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. Publicly listed companies, such as Super Micro Computer ...
Super Micro options imply 21.8% move in share price post-earnings
Pre-earnings options volume in Super Micro is normal with calls leading puts 6:5. Implied volatility suggests the market is anticipating a move
2d
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro said its board of directors found there was no evidence of fraud or misconduct from management after its auditor ...
8d
on MSN
Ernst & Young Resigns as Super Micro Computer’s Auditor
Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s ...
23h
Super Micro Computer Q1: Red Flags, Lessons Learned, And Hope Ahead (Rating Downgrade)
Given Super Micro Computer's history of accounting malpractice and ongoing scrutiny, my rating is downgraded to Hold, ...
2d
on MSN
Where Will Super Micro Computer Stock Be in 1 Year?
Analysts at Mizuho fear that the lack of an auditor (and possible challenges in getting a new one) could lead to a delisting ...
Yahoo Finance
2d
Ernst & Young Inc. undertakes a sales and investment solicitation process for the assets of Plains Environmental Inc.
Interim Receiver to distribute the teaser letter, advertise the SISP and prepare and have available for potential bidders a data room.
14h
Super Micro Computer’s (NASDAQ:SMCI) Fair Valuation Comes with High Risks
I currently hold a neutral stance on Super Micro Computer (SMCI), a supplier of data center servers and storage solutions.
3d
on MSN
Supermicro Shares Plunge Again. Time to Buy the Dip or Stay Away?
The saga around Super Micro Computer ( SMCI -23.11%) continued with the stock plunging on news that its auditor has resigned.
6d
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Super Micro's stock plunges after Ernst & Young resigns as auditor, raising concerns about the company's financial stability.
8d
Supermicro plunges after Ernst & Young resigns as registered public accountant
Shares of Supermicro (SMCI) are sharply lower in pre-market trading after it was disclosed in a regulatory filing that on October 24, Ernst ...
10d
on MSN
Sen. Joni Ernst calls out Pa. Sen. Bob Casey while stumping for GOP opponent Dave McCormick: ‘You need a change, Keystone State!’
Hitting the campaign trail for GOP Senate hopeful Dave McCormick, Sen. Joni Ernst (R-Iowa) didn’t mince words about her ...
4d
What Is Happening at Super Micro Computer? Here's What Investors Need to Know.
Super Micro Computer's (NASDAQ: SMCI) stock is on fire -- and not in a good way. Shares of the artificial intelligence (AI) ...
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