Reported about 1 month ago
Super Micro Computer Inc. experienced a drop in its stock price following a short-selling report by Hindenburg Research, which highlighted serious concerns over the company's accounting practices and undisclosed transactions. The stock fell as much as 8.7% but ended the day down 2.6%. Despite recent growth driven by demand in AI technologies, analysts suggest this report could lead to increased scrutiny of Super Micro's financial dealings and market behavior.
Source: YAHOO