Super Micro Computer (SMCI) has been in the news recently due to its efforts to avoid delisting from the Nasdaq exchange. The company has faced scrutiny following allegations of accounting irregularities by Hindenburg Research. However, SMCI has taken steps to regain compliance, including hiring a new auditor and submitting a plan to complete its delinquent filings. This news has led to a surge in the company's stock price.
You can find more information and the latest news about SMCI on the following sources:
* Nasdaq: https://www.nasdaq.com/market-activity/stocks/smci/news-headlines
* GuruFocus: https://www.gurufocus.com/news/2608073/super-micro-computer-smci-stock-rises-amid-compliance-plan-expectations
* Fast Company: https://www.fastcompany.com/91231424/super-micro-computer-stock-price-smci-new-auditor-news-nasdaq-delisting-update
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6x in one day?