Super Micro's Accounting Concerns Could Be Bad for the Stock, Just Ask MicroStrategy
Super Micro's Cautionary Tale: From S&P Inclusion to Losing $54B in Market Cap
Weekend reading | How did the super micro computer go from Wall Street darling to abandoned child?
Super micro computer's stock price once surged by 1300%, with a market cap exceeding 50 billion US dollars, making it the 'hottest AI stock' in the USA. However, now the super micro 'exploded', with many industry insiders suggesting that the resignation of the Ernst & Young implies that the company's financial problems may be very serious.
On Oct 28, Super Micro Computer Entered Third Amendment To Loan Agreement With Cathay Bank; Amendment Requires Company To Maintain $150M Unrestricted Cash; Amendment Extends Deadline To Deliver FY Audited Financial Statements Under Loan Agreement To...
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