Super Micro's 45% plunge this week wipes out stock's gains for the year
Publishing timestamp: 2024-11-01 16:15:22
Summary
Super Micro's stock continues to plummet, losing 45% in a week after losing its second auditor in less than two years. The company is at risk of being delisted from Nasdaq and is facing investigations into accounting irregularities. Analysts are downgrading the stock and raising concerns about the company's business practices.
Sentiment: NEGATIVE
Keywords: markets, breaking news: technology, super micro computer inc, business news, breaking news: markets, technology, business, social media, nvidia corp,