Reported about 1 month ago
Super Micro Computer's stock plummeted 26.3% following negative allegations in a report from Hindenburg Research, which claimed the company had poor accounting practices. The situation was exacerbated by the announcement of a delay in filing its annual 10-K report. Despite the current volatility, some analysts suggest it could be a buying opportunity for risk-tolerant investors, especially with a significant year-to-date performance and an upcoming stock split on October 1.
Source: YAHOO