Stock Track | Super Micro Computer Surges 5.01% as Special Committee Clears Accounting Concerns
Super Micro Computer Inc. stock soared 5.01% in Friday's pre-market session, continuing its volatile up-and-down movement observed in recent weeks. The surge comes as a special committee appointed by the company found no evidence of fraud or misconduct in its accounting practices.The computer hardware maker had been facing scrutiny over its financial reporting and internal controls, which led to the resignation of its auditor Ernst & Young in October. E&Y had expressed concerns about Super Micr