Super Micro Stock Surges on Reports of Plan to Avoid Delisting

Tiger Newspress11-18

Super Micro Computer shares soared over 20 in morning trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.

A report from Barron's, citing a person familiar with the matter, said the company intends to submit the plan by Monday.

Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 16, making Monday the effective date for the submission.

The company earlier last week said it would not be able to submit its annual report on time, and that its first-quarter filing would be delayed as well, requiring more time to prepare the statements and hire a new auditor after EY resigned from the job.

Shares of Supermicro have taken a hit in recent months on regulatory concerns following allegations of accounting manipulation and other issues. They were down over 34% for the year through Friday’s close.

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Comments

nywles
11-19
nywles
Thanks
setia100
11-18
setia100
Who's the new auditor ❓🤔 This is a big❓❓❓

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Stock Surges on Reports of Plan to Avoid Delisting\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-18 22:39 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Super Micro Computer shares soared over 20 in morning trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.A ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMCI","symbol_name":"超微电脑","start_time":0,"source_url":"","article_id":"1133262546","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1133262546","pubTimestamp":1731940754,"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Super Micro Computer shares soared over 16% in premarket trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.A report from Barron's, citing a person familiar with the matter, said the company intends to submit the plan by Monday.Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 1","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SMCI":"超微电脑"},"translate_title":"有报道称计划避免退市，超微股价飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMCI":1.1},"content_text":"Super Micro Computer shares soared over 20 in morning trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.A report from Barron's, citing a person familiar with the matter, said the company intends to submit the plan by Monday.Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 16, making Monday the effective date for the submission. The company earlier last week said it would not be able to submit its annual report on time, and that its first-quarter filing would be delayed as well, requiring more time to prepare the statements and hire a new auditor after EY resigned from the job.Shares of Supermicro have taken a hit in recent months on regulatory concerns following allegations of accounting manipulation and other issues. 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They were down over 34% for the year through Friday’s close.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Stock Surges on Reports of Plan to Avoid Delisting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Stock Surges on Reports of Plan to Avoid Delisting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-11-18 22:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Super Micro Computer shares soared over 20 in morning trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0caed870c3faa11bb1bafcaae4df409c\" tg-width=\"537\" tg-height=\"132\"/></p><p>A report from <em>Barron&#39;s</em>, citing a person familiar with the matter, said the company intends to submit the plan by Monday.</p><p style=\"text-align: start;\">Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 16, making Monday the effective date for the submission. </p><p style=\"text-align: start;\">The company earlier last week said it would not be able to submit its annual report on time, and that its first-quarter filing would be delayed as well, requiring more time to prepare the statements and hire a new auditor after EY resigned from the job.</p><p style=\"text-align: start;\">Shares of Supermicro have taken a hit in recent months on regulatory concerns following allegations of accounting manipulation and other issues. They were down over 34% for the year through Friday’s close.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133262546","content_text":"Super Micro Computer shares soared over 20 in morning trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.A report from Barron's, citing a person familiar with the matter, said the company intends to submit the plan by Monday.Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 16, making Monday the effective date for the submission. The company earlier last week said it would not be able to submit its annual report on time, and that its first-quarter filing would be delayed as well, requiring more time to prepare the statements and hire a new auditor after EY resigned from the job.Shares of Supermicro have taken a hit in recent months on regulatory concerns following allegations of accounting manipulation and other issues. They were down over 34% for the year through Friday’s close.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":372463215767720,"gmtCreate":1731942599200,"gmtModify":1731942603341,"author":{"id":"3567852837945728","authorId":"3567852837945728","name":"setia100","avatar":"https://community-static.tradeup.com/news/5d07af59743ad001196b7aca5f1726d7","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3567852837945728","authorIdStr":"3567852837945728"},"htmlText":"Who's the new auditor ❓🤔 This is a big❓❓❓","listText":"Who's the new auditor ❓🤔 This is a big❓❓❓","text":"Who's the new auditor ❓🤔 This is a big❓❓❓","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372463215767720","repostId":1133262546,"repostType":2,"repost":{"id":"1133262546","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1731940754,"share":"https://ttm.financial/m/news/1133262546?lang=&edition=fundamental","pubTime":"2024-11-18 22:39","market":"us","language":"en","title":"Super Micro Stock Surges on Reports of Plan to Avoid Delisting","url":"https://stock-news.laohu8.com/highlight/detail?id=1133262546","media":"Tiger Newspress","summary":"Super Micro Computer shares soared over 16% in premarket trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.A report from Barron's, citing a person familiar with the matter, said the company intends to submit the plan by Monday.Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 1","content":"<html><head></head><body><p>Super Micro Computer shares soared over 20 in morning trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0caed870c3faa11bb1bafcaae4df409c\" tg-width=\"537\" tg-height=\"132\"/></p><p>A report from <em>Barron&#39;s</em>, citing a person familiar with the matter, said the company intends to submit the plan by Monday.</p><p style=\"text-align: start;\">Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 16, making Monday the effective date for the submission. </p><p style=\"text-align: start;\">The company earlier last week said it would not be able to submit its annual report on time, and that its first-quarter filing would be delayed as well, requiring more time to prepare the statements and hire a new auditor after EY resigned from the job.</p><p style=\"text-align: start;\">Shares of Supermicro have taken a hit in recent months on regulatory concerns following allegations of accounting manipulation and other issues. They were down over 34% for the year through Friday’s close.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Stock Surges on Reports of Plan to Avoid Delisting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Stock Surges on Reports of Plan to Avoid Delisting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-11-18 22:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Super Micro Computer shares soared over 20 in morning trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0caed870c3faa11bb1bafcaae4df409c\" tg-width=\"537\" tg-height=\"132\"/></p><p>A report from <em>Barron&#39;s</em>, citing a person familiar with the matter, said the company intends to submit the plan by Monday.</p><p style=\"text-align: start;\">Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 16, making Monday the effective date for the submission. </p><p style=\"text-align: start;\">The company earlier last week said it would not be able to submit its annual report on time, and that its first-quarter filing would be delayed as well, requiring more time to prepare the statements and hire a new auditor after EY resigned from the job.</p><p style=\"text-align: start;\">Shares of Supermicro have taken a hit in recent months on regulatory concerns following allegations of accounting manipulation and other issues. They were down over 34% for the year through Friday’s close.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133262546","content_text":"Super Micro Computer shares soared over 20 in morning trading Monday following reports that the company is expected to file a plan for its delayed annual report that could help it avoid delisting.A report from Barron's, citing a person familiar with the matter, said the company intends to submit the plan by Monday.Supermicro said it received a letter from the Nasdaq on Sept. 17 warning it would be delisted if it does not file the delinquent report or submit a plan within 60 days, or by Nov. 16, making Monday the effective date for the submission. The company earlier last week said it would not be able to submit its annual report on time, and that its first-quarter filing would be delayed as well, requiring more time to prepare the statements and hire a new auditor after EY resigned from the job.Shares of Supermicro have taken a hit in recent months on regulatory concerns following allegations of accounting manipulation and other issues. They were down over 34% for the year through Friday’s close.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":9,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1133262546"}