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Stock Track | Super Micro Computer Plunges 6.23% After-Hours as Auditor Resigns, Filings Delayed

Super Micro Computer Inc's stock plunged 6.23% in after-hours trading on Friday, following a tumultuous week where shares declined nearly 17% amid auditor controversies and concerns over delayed financial filings.The company's woes stem from the resignation of Ernst & Young as its auditor, citing a lack of confidence in Super Micro's financial statements. While an independent investigation cleared the company of fraud allegations, investors remain skeptical as Super Micro now faces a February 25

Stock Track | Super Micro Computer Plunges 6.23% After-Hours as Auditor Resigns, Filings Delayed

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While an independent investigation cleared the company of fraud allegations, investors remain skeptical as Super Micro now faces a February 25","content":"<p>Super Micro Computer Inc's stock plunged 6.23% in after-hours trading on Friday, following a tumultuous week where shares declined nearly 17% amid auditor controversies and concerns over delayed financial filings.</p>\n\n<p>The company's woes stem from the resignation of Ernst & Young as its auditor, citing a lack of confidence in Super Micro's financial statements. While an independent investigation cleared the company of fraud allegations, investors remain skeptical as Super Micro now faces a February 25 deadline to file overdue earnings reports to avoid potential delisting from the Nasdaq.</p>\n\n<p>Adding to the pressure, Super Micro is likely to be removed from the Nasdaq 100 index, further dampening sentiment around the stock. 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