SMCI stock could get delisted: What investors should know
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Super Micro Computer (SMCI) is at risk of being delisted from Nasdaq due to delays in filing financial statements. The company must submit a compliance plan by November 16 after its auditor, Ernst & Young, resigned in October.
November 15, 2024 | 5:00 pm
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Super Micro Computer (SMCI) is at risk of delisting from Nasdaq due to delayed financial filings. The company must submit a compliance plan by November 16 following the resignation of its auditor, Ernst & Young.
The potential delisting from Nasdaq is a significant risk for SMCI, as it could lead to decreased investor confidence and stock price volatility. The resignation of their auditor adds to the uncertainty, making it crucial for the company to address these issues promptly.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100