Super Micro stock plunges 19% after company delays annual report following short-seller report

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Hindenburg Research خبریں

Micro Computer,Super Micro

Super Micro stock plunged Wednesday after the company announced it would delay filing its annual report.

) stock plunged 19% on Wednesday after the company said it would delay the filing of its annual report for its fiscal year that ended June 30."SMCI is unable to file its Annual Report within the prescribed time period without unreasonable effort or expense," the company. "Additional time is needed for SMCI’s management to complete its assessment of the design and operating effectiveness of its internal controls over financial reporting as of June 30, 2024.

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Super Micro stock plunges after company delays annual report following short-seller reportSuper Micro stock plunged early Wednesday after the company announced it would delay filing its annual report.
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