Reported 20 days ago
Super Micro Computer announced uncertainty regarding the timing of its annual report following the unexpected resignation of its auditor, leading to a 15.5% drop in its stock price. The server maker also reported preliminary sales expectations significantly below analysts' estimates, citing reliance on Nvidia's latest chips for upcoming production. The company is under scrutiny for governance and financial reporting issues, with potential delisting from Nasdaq if deadlines are not met.
Source: YAHOO