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Super Micro Stock Delisting
Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock
Super Micro could also get a reprieve and an extension from the Nasdaq, giving it months to come into compliance.
Super Micro’s looming deadline fuels fear of delisting. Here’s what that means.
Super Micro Computer Inc. faces a looming deadline to outline how it will get back in the good graces of the Nasdaq, with the server maker on thin ice as it tries to maintain its listing on the exchange.
Will Super Micro Stock Be Delisted?
Super Micro Computer stock (NASDAQ: SMCI) fell by about 6% in Tuesday’s trading and remains down 54% over the past month amid significant corporate governance concerns and questions about the company’s financial reporting.
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These Stocks Moved the Most Today: Applied Materials, Palantir, Tesla, Moderna, Super Micro, Alibaba, Bloom Energy, and More
Applied Materials tumbles after issuing a disappointing fiscal first-quarter outlook, Palantir is transferring its stock listing to the Nasdaq, and Tesla rises following a decline on worries President ...
1d
Will Super Micro Computer stock be delisted from the Nasdaq? Critical deadline looms amid accounting scandal
The stock’s downward spiral was sparked by a report in August from short-selling firm Hindenburg Research, which alleged ...
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