Options Market Statistics: Super Micro Computer Shares Rise on Plan to Avoid Nasdaq Delisting; Options Pop
$SUPER MICRO COMPUTER INC(SMCI)$
The company has appointed an independent auditor and submitted a plan with Nasdaq to comply with listing requirements. In a statement, Super Micro said its board engaged BDO USA, P.C. as its auditor, effective immediately. BDO is a member firm of BDO International.
The company also said its plan supports its request for an extension of time to regain compliance with Nasdaq's requirements. The company said it believes it will be able to complete its annual report for the year ended June 30, 2024, and its quarterly report for the fiscal quarter ended Sept. 30, 2024, and become current with its periodic reports within the discretionary period available to the Nasdaq staff to grant.
$Wal-Mart(WMT)$
Recent economic data have suggested that Americans have continued to spend at a healthy clip as their perceptions about the economy start to improve.
Results from Walmart, due Tuesday morning, could help round out the picture. Analysts expect Walmart will report adjusted earnings of 53 cents a share on $167.7 billion. Same-store sales, a measure of sales growth at stores that have been open more than a year, will rise by 3.9%, according to projections.
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