Should Super Micro Computer's Response to Short-Selling Report Ease Investor Fears?
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-09-05 22:49

The stock has struggled following a weak earnings report and a short-selling report.Following the Labor Day holiday in the U.S., Super Micro Computer (SMCI -1.00%), or Supermicro as it is commonly called, responded to a recent short-selling report from Hindenburg Research. The company sent a letter to its customers and partners and put the letter in a filing with the SEC.The question is, should company's response ease investors' concerns?Short report and responseLast week, Hindenburg -- which has a short po ...