Shares of Super Micro Computer ended Tuesday's trading session nearly 3% lower after Hindenburg Research alleged that the AI server maker had engaged in 'accounting manipulation.' At the same time, Hindenburg also disclosed a short position in the company. But in a Tuesday report, JPMorgan said that the Hindenburg report had provided 'limited evidence of accounting mistreatments.
' 'Net-net, we see the report as largely void of details around alleged wrong doings from the company that change the medium-term outlook, and largely revisiting the already known areas for improvement in relation to corporate governance and transparency,' JPMorgan wrote.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stock futures are little changed as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
Leggi di più »