Reported about 2 months ago
Shares of Super Micro Computer Inc. fell after Hindenburg Research announced it is shorting the company, citing serious accounting concerns and issues with undisclosed related-party transactions. Despite the stock's peak performance this year, the report has raised scrutiny over Super Micro's practices, particularly in light of their significant role in the artificial intelligence sector. Super Micro's stock fell as much as 8.7% before stabilizing at a 2% decline.
Source: YAHOO