SMCI stock price falls more than 20% as Super Micro Computer faces Nasdaq delisting
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Super Micro Computer, Inc. (Nasdaq: SMCI) faces significant challenges as its stock price drops over 20% following missed earnings estimates and potential Nasdaq delisting. The company is also uncertain about the timing of its annual results filing.
November 07, 2024 | 3:00 pm
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Super Micro Computer's stock fell over 20% due to missed earnings estimates and the risk of Nasdaq delisting. The company is also uncertain about when it will file its annual results.
The stock price of SMCI fell significantly due to a combination of missed earnings estimates and the potential for Nasdaq delisting, both of which are critical issues for investors. The uncertainty regarding the filing of annual results adds to the negative sentiment.
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