Reported about 13 hours ago
Super Micro Computer Inc. saw a 23% increase in premarket trading after filing outstanding financial reports, alleviating fears of delisting from Nasdaq. The company had reported its 2024 fiscal results and the overdue quarterly filings, following concern over governance and transparency issues noted by its former auditor. As the company strives to overcome past issues, it aims to regain lost business opportunities despite ongoing reputational harm.
Source: YAHOO