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SMCI STOCK BREAKING UPDATE: Super Micro Computer, Inc. has been Sued for Securities Fraud; Contact BFA Law about the Lawsuit if You Lost Money on Your Investment (Nasdaq:SMCI)
GlobeNewswire News Room· 2024-09-03 18:42
NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Super Micro Computer, Inc. (NASDAQ: SMCI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Super Micro Computer, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/super-micro-computer-inc. Investors have until October 29, 2024 to as ...
Forget Nvidia: 2 Hypergrowth Artificial Intelligence (AI) Stocks With Up to 243% Upside, According to Select Wall Street Analysts
The Motley Fool· 2024-09-03 15:51
Although hardware kingpin Nvidia has been the face of the artificial intelligence (AI) revolution, two other supercharged AI stocks are expected to deliver outsized investment gains.Investors have been waiting decades for a new innovation or trend to come along that could do what the internet did roughly three decades ago for corporate America. After plenty of patience, the artificial intelligence (AI) revolution appears to have answered the call.The allure of AI is the capacity for software and systems to ...
Stockholder Notice: Robbins LLP Informs Stockholders of the Class Action Filed Against Super Micro Computer, Inc.
GlobeNewswire News Room· 2024-09-03 11:35
文章核心观点 - 根据投诉,公司在报告期内未向投资者披露公司会计存在的真实状况,包括持续高报销售和低报费用、重新聘用了之前会计丑闻中离职的高管、与关联方的关系比披露的更加密切、拥有更多未披露的关联方,以及未停止向受制裁的地区出口产品,面临政府制裁风险 [1][2] - 2024年8月27日,Hindenburg Research发布研究报告,指控公司存在严重的会计问题、未披露的关联交易、制裁和管控失败,以及客户问题。公司股价在两天内下跌约21.16% [2] 公司概况 - 公司是一家国际性公司,专注于开发、制造和提供服务器和存储系统,面向数据中心、云计算、人工智能、5G和边缘计算等市场 [1] 投资者诉讼 - 投资者提起集体诉讼,要求赔偿在2021年8月10日至2024年8月26日期间购买公司证券的损失 [1][3] - 投资者如果希望担任集体诉讼的代表原告,需要在2024年10月29日前向法院提出申请 [3] - 该诉讼由Robbins LLP律师事务所负责,他们专注于股东权利诉讼,自2002年以来已为股东追回超过10亿美元的损失 [4]
SMCI stock is down; Should you buy the dip?
Finbold· 2024-09-02 23:08
Although it recently received a major blow in the form of a catastrophic sell-off, many investors and traders wonder if this might be the perfect opportunity to stock up on some cheap Super Micro Computer Inc. (NASDAQ: SMCI) shares or ‘buy the dip.’Indeed, SMCI stock has continued to dip as investors reacted to a scathing report by short seller Hindenburg Research and the technology company’s announcement that it would have to delay the filing of its 10-K annual report, raising concerns regarding its long-t ...
SMCI BREAKING NEWS UPDATE: A Securities Fraud Class Action has been Filed Against Super Micro Computer, Inc. -- Contact BFA Law about the Lawsuit if You Suffered Losses (Nasdaq:SMCI)
GlobeNewswire News Room· 2024-09-01 18:41
NEW YORK, Sept. 01, 2024 (GLOBE NEWSWIRE) -- NEW YORK, September 1, 2024 (GLOBE NEWSWIRE) – Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Super Micro Computer, Inc. (NASDAQ: SMCI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Super Micro Computer, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/super-micro-computer-i ...
Meet the Stock-Split Stock That Soared 1,520% Over the Past 10 Years. Is It a Buy Ahead of Its 10-for-1 Stock Split?
The Motley Fool· 2024-09-01 17:02
The company's custom-designed servers are a staple for artificial intelligence (AI) processing, but is the stock a buy before Sept. 30?On Aug. 6, in conjunction with the results of its fiscal 2024 fourth quarter (ended June 30), Super Micro Computer (SMCI -2.48%), also called Supermicro, announced plans to initiate a 10-for-1 stock split. When the split is complete, investors will receive nine additional shares for each share they own after the market close on Monday, Sept. 30. The stock will begin trading ...
Super Micro Computer's Stock Sinks: Time to Buy or Sell?
The Motley Fool· 2024-09-01 06:39
This AI growth stock is running out of steam.Super Micro Computer (SMCI -2.48%), more commonly known as Supermicro, was one of the hottest artificial intelligence (AI) stocks this year. Its shares closed at a record high of $1,188.07 on March 13, representing a 2,760% gain over the previous two years, as its sales of dedicated AI servers skyrocketed.But as of this writing, Supermicro's stock trades at $424. Four issues caused that slide: concerns about its declining gross margins, troubling allegations from ...
Super Micro Computer (SMCI) Faces Securities Class Actions Over Accounting Manipulation Accusations - Hagens Berman
GlobeNewswire News Room· 2024-09-01 04:34
SAN FRANCISCO, Aug. 31, 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. 1st Class Period: Aug. 10, 2021 – Aug. 26, 20242nd Class Period: Aug. 31, 2023 – Aug. 28, 2024Lead Plaintiff Deadline for Both Actions : Oct. 29, 2024Visit: www.hbsslaw.com/investor-fraud/smci Contact the Firm Now: SMCI@hbssl ...
Super Micro Computer Plunges on Short-Seller Report. Can You Trust Hindenburg Research?
The Motley Fool· 2024-09-01 04:00
Hindenburg Research just issued a short report on Supermicro, laying out a series of troubling allegations.Shares of Super Micro Computer (SMCI -2.48%), a darling of the generative AI revolution, tumbled as much as 28% on Wednesday after the server maker suffered a brutal one-two punch.First, the company was the target of a short report from Hindenburg Research, which alleged a wide range of problems at the company, including undisclosed related-party transactions and accounting irregularities. Shortly afte ...
Why SMCI might hit $2,000 despite ‘catastrophic' sell-off
Finbold· 2024-08-31 20:55
Super Micro Computer (NASDAQ: SMCI) shares continue to record losses as investors react to the aftermath of the delay in filing its 10-K annual report. The delay in SMCI’s 10-K filing has raised serious red flags among investors and analysts, leading to speculation regarding the technology firm’s long-term prospects. Such delays are often viewed with suspicion in financial markets, as they can indicate underlying problems in a company’s financial reporting or internal controls. For SMCI, this development ha ...