Super Micro pops nearly 30% after special committee finds no 'evidence of misconduct'
Publishing timestamp: 2024-12-02 16:02:08
Summary
Super Micro shares soared after special committee found "no evidence of misconduct," but stock is still down for the year due to late financial filings. New auditor, BDO, has yet to certify company's filings or address governance questions. Special committee recommended replacing CFO and process is underway. Stock still faces potential delisting from Nasdaq.
Sentiment: MIXED
Keywords: super micro computer inc, nasdaq inc, nvidia corp, breaking news: technology, business news, technology, markets, breaking news: markets,