Reported about 10 hours ago
Super Micro Computer Inc. faces a turbulent period as it works to avoid delisting from Nasdaq following allegations of accounting issues and governance concerns. The company's shares saw significant fluctuations, including a recent 78% weekly gain after hiring a new auditor and outlining a plan to meet Nasdaq requirements. However, uncertainties remain as analysts debate the company's future while competitors may benefit from its challenges.
Source: YAHOO