Stock Track | Super Micro Computer Plunges 5% Pre-Market Amid Reporting Delays and Dilution Fears
Shares of Super Micro Computer Inc. plunged 5.03% in pre-market trading on Friday, as concerns mount over the company's delayed financial filings and potential shareholder dilution.The data center solutions provider has repeatedly postponed the release of its fiscal 2024 annual report and first-quarter 2025 results, citing the need to review internal controls and other matters. This lack of transparency has eroded investor confidence and raised questions about the company's financial stability.