AaronJe
08-29

$SUPER MICRO COMPUTER INC(SMCI)$ Analysts at JPMorgan pushed back against the short-seller’s allegations in a Tuesday note. “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 analysts said.  Super Micro isn’t alone in its tardiness: Early this year the number of public companies that filed late annual reports spiked 40% compared to 2023, according to a March report from Intelligize, which provides regulatory insights and analytics. 

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