Super Micro Stock Soars After Appointing New Auditor

Reported 2 months ago

Super Micro Computer Inc's shares surged by 36% to $29.30 following the appointment of BDO USA as its new auditor and an announcement that it seeks more time from Nasdaq to comply with listing regulations. The company, previously under scrutiny after its former auditor Ernst & Young resigned, expressed confidence in completing its financial reporting soon.

Source: YAHOO

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