Super Micro Computer names BDO as auditor, files Nasdaq compliance plan
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Super Micro Computer has appointed BDO USA as its new auditor and submitted a compliance plan to Nasdaq for additional time to meet listing rules, resulting in a 15% increase in its share price during extended trading.
November 18, 2024 | 10:45 pm
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POSITIVE IMPACT
Super Micro Computer's appointment of BDO USA as auditor and submission of a Nasdaq compliance plan has positively impacted its stock, with a 15% increase in extended trading.
The appointment of a new auditor and the submission of a compliance plan to Nasdaq are seen as positive steps towards resolving listing rule issues, boosting investor confidence and leading to a 15% increase in SMCI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100