Super Micro’s shares jump after server maker says review finds no evidence of misconduct
Just over a month after Ernst & Young resigned as its public accounting firm, Super Micro Computer says a review committee has found no evidence of fraud or misconduct among the server maker’s leadership.
Super Micro Computer surges 31% after the company says committee found no evidence of misconduct
Super Micro Computer soared Monday after a special committee's review found no evidence of misconduct. EY had resigned as auditor in October.
Super Micro pops nearly 30% after special committee finds no ‘evidence of misconduct'
Super Micro Computer surged more than 14% after a special committee ruled that it found “no evidence of misconduct” at the embattled AI server maker.
Super Micro Shares Surge as Internal Review Clears Leadership of Misconduct
Ernst & Young (EY) resigned in October after raising concerns about transparency and governance, prompting the review.
SMCI stock price surges 34%: ‘No evidence of misconduct,’ but Super Micro Computer isn’t out of the woods yet
SMCI shares have swung up and down since accounting giant Ernst & Young resigned as Super Micro Computer's auditor in October after losing confidence in its financial reporting.
Stock in Super Micro Computer Jumps After It Ends Accounting Review
Shares in Super Micro Computer surged more than 20% after the company said a review of its accounting hadn't supported claims made by former auditor Ernst & Young, or raised major concerns about senior management.
Supermicro jumps 14% after special committee finds no misconduct
The shares are up 14%, or $4.41, to $37.05 in morning trading. Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks
Super Micro Stock Is Surging Again. These Questions Still Need Answers.
The AI server maker’s shares were once again leading the S&P 500’s biggest gainers early Tuesday, jumping 7% ahead of the open.
Up 30% On Monday, What's Next For Super Micro Stock?
Server maker Super Micro Computer stock (NASDAQ: SMCI) extended its recent rally, gaining close to 29% on Monday.
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