Delisting suspense + market cap falls below the index threshold, super micro computer rings the alarm for speculation on US stock AI.
①After Ernst & Young resigned, if Super Micro Computer fails to submit the audit annual report on time, it will be delisted by NASDAQ exchange again; ②After two consecutive days of large declines, the company's market cap has fallen below the $18 billion threshold of s&p 500; ③The company will release the latest unaudited financial report on the day of the US election on November 5th.
Super micro computer sales plunged in two days, Guo Mingchi: the chance of the worst outcome is increasing, not ruling out the possibility of mergers and acquisitions.
Currently, the market cap of the super micro computer has fallen below the threshold of the s&p 500 index market cap, and because the annual report has not been submitted for a long time, with the resignation of the auditor, the company also faces even greater delisting risks.
Market darling turned into an outcast, super micro computer (SMCI.US) is the biggest loser among s&p 500 components this year.
In 2024, the super micro computer, which was once the big winner in the market, has now fallen from substantial growth to become the biggest loser in this year's s&p 500 index.
Dell Is Winning AI Server Market Share. Plus, Alphabet, Shake Shack, and More.
Super micro computer faces the risk of delisting, with a one-week plunge of 45%, evaporating 55 billion US dollars.
Super Micro Computer's stock price plummeted by 45% this week, with a market cap shrinking by approximately $55 billion, wiping out all gains from the past year. Due to a series of issues including the resignation of the auditing firm Ernst & Young, investigations by the Department of Justice, and delayed financial reports, the company is facing the risk of delisting from Nasdaq. Despite Super Micro's significant revenue growth from AI-related business in the past, the current financial and legal uncertainties are causing investors to withdraw in large numbers.
Why Super Micro Computer Stock Was Falling Again Today
S&P 500 Posts Second Straight Weekly Drop as Tech Sector Slides
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...
Super Micro Computer Receives Deadline Extension for Regulatory Filings
Super Micro Computer Options Spot-On: On November 1st, 1.18 Million Contracts Were Traded, With 4.42 Million Open Interest
On November 1st ET, $Super Micro Computer(SMCI.US)$ had active options trading, with a total trading volume of 1.18 million options for the day, of which put options accounted for 59.28% of the
Express News | Super Micro Computer Inc: Amendment Extends Deadline to Deliver FY Audited Financial Statements Under Loan Agreement to Dec 31
Express News | Super Micro Computer Inc - Amendment Requires Company to Maintain $150 Million Unrestricted Cash
Express News | Super Micro Computer Inc - on Oct 28, Entered Third Amendment to Loan Agreement With Cathay Bank
Express News | Super micro computer's stock price plummeted by 45% this week, marking the worst weekly performance ever.
Equities Rise Intraday, Amazon Shares Rally
Unusual Options Activity: AMZN, AAPL and Others Attract Market Bets, AMZN V/OI Ratio Reaches 166.7
EST Nov 1st Afternoon Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
Friday's Top 5 Trending Stocks: What's The Scoop On Amazon, Trump Media, Intel?
U.S. stock market news: Super micro computer fell nearly 9%, hitting a new low for the year, with an increased possibility of suspension or delisting.
格隆汇November 2nd | Continuing the decline from yesterday, super micro computer (SMCI.US) fell again during the day, dropping nearly 9% at one point to $26.51, setting a new low for the year. Super micro computer previously stated that auditing firm Ernst & Young resigned during the audit. Renowned analyst Guo Mingchi wrote that, based on experience, the resignation of the auditing firm is a serious signal, increasing the possibility of super micro computer facing the worst case scenarios such as suspension or delisting. This will indirectly weaken super micro's competitiveness, posing a huge challenge to its survival, especially when its competitors are financially strong and resource-rich major manufacturers. Guo Mingchi states that although super micro is
Viewpoint | The decline in technology stocks in the usa brings buying opportunities.
Recently, the technology sector has shown weakness, but it has not encountered any major troubles.
Should You Buy Super Micro Computer Stock Before Q1 Earnings?