All the good surprises were ou

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Harrychuang
2024-12-04

All the good surprises were out now and the rebound is overstretched. Looks like it will consolidate lower to 31 before challenging the upside. Healthy long term movement.

Super Micro Stock Drops. These Questions Still Need Answers

Super Micro Computer stock is still volatile.Charles Liang, CEO of Super Micro Computer.The AI server maker’s shares were at one point among the biggest gainers in the S&P 500 on Tuesday, jumping 5.6%

Super Micro Stock Drops. These Questions Still Need Answers

# Stocks Moving: Super Micro, Intel, Tesla, Stellantis, Nvidia, Upstart, Gap, and More

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Healthy long term movement.","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/377877089956032","repostId":2488994221,"repostType":2,"repost":{"id":"2488994221","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1733282100,"share":"https://www.laohu8.com/m/news/2488994221?lang=&edition=full","pubTime":"2024-12-04 11:15","market":"us","language":"en","title":"Super Micro Stock Drops. These Questions Still Need Answers","url":"https://stock-news.laohu8.com/highlight/detail?id=2488994221","media":"Dow Jones","summary":"Super Micro Computer stock is still volatile.Charles Liang, CEO of Super Micro Computer.The AI server maker’s shares were at one point among the biggest gainers in the S&P 500 on Tuesday, jumping 5.6%","content":"<html><head></head><body><p style=\"text-align: start;\">Super Micro Computer stock is still volatile.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ed1873e45c8760ea44b5db8661f4bd85\" alt=\"Charles Liang, CEO of Super Micro Computer.\" title=\"Charles Liang, CEO of Super Micro Computer.\" tg-width=\"921\" tg-height=\"609\"/><span>Charles Liang, CEO of Super Micro Computer.</span></p><p style=\"text-align: start;\">The AI server maker’s shares were at one point among the biggest gainers in the S&amp;P 500 on Tuesday, jumping 5.6% shortly after the open. At the close, shares were down 4.3% to $40.21. The stocksurged 29% Mondayafter a board-appointed independent committee found no evidence of fraud or misconduct following an investigation into the company’s accounts. </p><p>Investors seem to be satisfied with that outcome. The auditor quit, citing an unwillingness “to be associated with the financial statements prepared by management.”</p><p>That removes one big risk for investors. The good news—or bad news, depending on how you look at it—is that Super Micro still has a few questions that need answering.</p><p>The AI server maker’s delayed financial reports, which put it at risk of being delisted from the Nasdaq, are still yet to be filed. Independent auditor BDO is reviewing its financials after Ernst &amp; Young’s resignation. Investors will be eager to see what those reports contain—when they finally see the light of day.</p><p>The company also needs to find a new chief financial officer, after the investigating committee recommended David Weigand be replaced and that a chief accounting officer be appointed.</p><p>If it can sort out those remaining issues in a relatively smooth manner then more gains lie ahead for the volatile stock. But it’s a big if.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Stock Drops. 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These Questions Still Need Answers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-04 11:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Super Micro Computer stock is still volatile.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ed1873e45c8760ea44b5db8661f4bd85\" alt=\"Charles Liang, CEO of Super Micro Computer.\" title=\"Charles Liang, CEO of Super Micro Computer.\" tg-width=\"921\" tg-height=\"609\"/><span>Charles Liang, CEO of Super Micro Computer.</span></p><p style=\"text-align: start;\">The AI server maker’s shares were at one point among the biggest gainers in the S&amp;P 500 on Tuesday, jumping 5.6% shortly after the open. At the close, shares were down 4.3% to $40.21. The stocksurged 29% Mondayafter a board-appointed independent committee found no evidence of fraud or misconduct following an investigation into the company’s accounts. </p><p>Investors seem to be satisfied with that outcome. The auditor quit, citing an unwillingness “to be associated with the financial statements prepared by management.”</p><p>That removes one big risk for investors. The good news—or bad news, depending on how you look at it—is that Super Micro still has a few questions that need answering.</p><p>The AI server maker’s delayed financial reports, which put it at risk of being delisted from the Nasdaq, are still yet to be filed. Independent auditor BDO is reviewing its financials after Ernst &amp; Young’s resignation. Investors will be eager to see what those reports contain—when they finally see the light of day.</p><p>The company also needs to find a new chief financial officer, after the investigating committee recommended David Weigand be replaced and that a chief accounting officer be appointed.</p><p>If it can sort out those remaining issues in a relatively smooth manner then more gains lie ahead for the volatile stock. But it’s a big if.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2488994221","content_text":"Super Micro Computer stock is still volatile.Charles Liang, CEO of Super Micro Computer.The AI server maker’s shares were at one point among the biggest gainers in the S&P 500 on Tuesday, jumping 5.6% shortly after the open. 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