Super Micro Stock Drops Amid Nasdaq Delisting Concerns Despite CEO's Reassurances

Reported about 9 hours ago

Super Micro Computer's shares fell up to 11% on Wednesday, continuing a downward trend despite CEO Charles Liang's efforts to reassure investors about avoiding delisting from Nasdaq. The company is under scrutiny following accusations of accounting irregularities, and while Liang expressed confidence in meeting regulatory deadlines, market pressure remains amid mixed analyst ratings.

Source: YAHOO

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