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Why Super Micro Computer Stock Crashed 28.6% This Week
The Motley Fool· 2024-08-31 19:00
The AI stock suffered a brutal week of trading, and investors have some big questions about the business.Super Micro Computer (SMCI -2.48%) stock got hit hard over the last week of trading. The company's share price ended the period down 28.6% from last Friday's market close, according to data from S&P Global Market Intelligence.On Tuesday, Hindenburg Research published bearish coverage and alleged that Supermicro was a serial offender when it came to bad accounting practices. The short-seller also raised o ...
Should Investors Worry About Super Micro Computer's Short Attack? Or Should They Buy the Dip?
The Motley Fool· 2024-08-31 17:24
A delayed 10-K filing adds to the drama surrounding this tech stock.Super Micro Computer (SMCI -2.48%) stock came under attack from short-sellers this week, with the computer server specialist being accused of several financial improprieties.The question for investors is: Should they be worried about the allegations and sell the stock, or is any dip in the share price a buying opportunity?The short reportShort-selling is the process of an investor borrowing a stock from a current shareholder and then immedi ...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Super Micro Computer, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SMCI
GlobeNewswire News Room· 2024-08-31 11:17
NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Super Micro Computer, Inc. (NASDAQ: SMCI) between August 31, 2023 and August 28, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 28, 2024 in the securities class action first filed by the Fi ...
INVESTOR ALERT: DiCello Levitt LLP Announces the Filing of a Securities Class Action Lawsuit Against Super Micro Computer, Inc. (NASDAQ: SMCI)
GlobeNewswire News Room· 2024-08-31 09:22
SAN DIEGO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Today, DiCello Levitt LLP (“DiCello Levitt”) filed a class action lawsuit in the U.S. District Court for the Northern District of California alleging violations of the federal securities laws by Super Micro Computer, Inc. (NASDAQ: SMCI) (“Super Micro” or the “Company”) and certain of the Company’s senior executives (collectively, “Defendants”). The action is brought on behalf of all persons or entities that purchased or otherwise acquired Super Micro common stock ...
SUPER MICRO ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Super Micro Computer, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-08-31 09:00
NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Super Micro Computer, Inc. (“Super Micro” or the “Company”) (NASDAQ: SMCI) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Super Micro securities between August 10, 2021, and August 26, 2024, both dates inclusive (the “Clas ...
SMCI INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Super Micro Computer, Inc. Investors with Substantial Losses Have Opportunity to Lead the Super Micro Class Action Lawsuit
GlobeNewswire News Room· 2024-08-31 04:33
SAN DIEGO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that the Super Micro class action lawsuit – captioned Averza v. Super Micro Computer, Inc., No. 24-cv-06147 (N.D. Cal.) – charges Super Micro Computer, Inc. (NASDAQ: SMCI) and certain of Super Micro’s top executives with violations of the Securities Exchange Act of 1934. A subsequently filed complaint is captioned Menditto v. Super Micro Computer, Inc., No. 24-cv-06149 (N.D. Cal.). If you suffered substantial losses and ...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of Super Micro Computer, Inc. Securities and Sets a Lead Plaintiff Deadline of October 29, 2024
GlobeNewswire News Room· 2024-08-31 01:48
NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Super Micro Computer, Inc. (“SMCI” or the “Company”) (NASDAQ: SMCI) between August 10, 2021 to August 26, 2024, both dates inclusive. You are hereby notified that the class action lawsuit Joseph Averza v. Super Micro Computer, Inc., et al. (Case No. 5:24-cv-06147) has been commenced in the United States District Court for ...
Super Micro Computer (SMCI) Tanks After Delaying Annual Report One Day After Hindenburg Report - Hagens Berman
GlobeNewswire News Room· 2024-08-31 01:45
SAN FRANCISCO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Super Micro Computer, Inc. (NASDAQ: SMCI) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may assist the investigation to contact its attorneys. Visit: www.hbsslaw.com/investor-fraud/smci Contact the Firm Now: SMCI@hbsslaw.com                                             844-916-0895 Investigation Into Super Micro Computer, Inc. (SMCI): The investigation focuses on th ...
Rosen Law Firm Encourages Super Micro Computer, Inc. Investors to Inquire About Securities Class Action Investigation – SMCI
GlobeNewswire News Room· 2024-08-30 22:51
NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Super Micro Computer, Inc. (NASDAQ: SMCI) resulting from allegations that Super Micro Computer may have issued materially misleading business information to the investing public. So What: If you purchased Super Micro Computer securities you may be entitled to compensation without payment of any out of pocket fees or costs ...
SMCI INVESTIGATION NOTICE: Robbins Geller Rudman & Dowd LLP Announces Investigation into Super Micro Computer, Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
GlobeNewswire News Room· 2024-08-30 22:10
文章核心观点 - Super Micro Computer公司涉嫌会计操纵、关联交易和规避制裁等违法行为 [2] - Super Micro公司未能按时披露2024财年年报,需要更多时间评估内部控制的有效性 [2] 公司概况 - Super Micro是一家专注于开发和制造高性能服务器和存储解决方案的公司 [2] 投资者诉讼 - Robbins Geller律师事务所代表Super Micro投资者,就公司之前的证券欺诈行为获得1825万美元和解 [3] 律所介绍 - Robbins Geller是一家专门代表投资者进行证券欺诈诉讼的顶级律所,在过去10年里多次位居行业第一 [4] - 该所在过去4年内为投资者追回了66亿美元的损失,是同行中最高的 [4] - 该所曾代表投资者在安然诉讼中获得创纪录的72亿美元和解 [4]