From Nasdaq: 2024-11-14 11:35:00

Super Micro Computer (NASDAQ: SMCI) is facing increasing discomfort due to a growing accounting debacle since late August. The Department of Justice is investigating, Ernst & Young resigned as auditor, and the stock has plummeted 65%. Nasdaq deadline for filing the 10-K is Nov. 16, potentially leading to delisting. Nvidia’s distancing adds to the pressure.

Super Micro Computer’s challenges continue as it struggles to address its accounting issues and potential delisting from Nasdaq. With Nvidia redirecting orders to other companies, the stock faces further risks. Investors await updates from both companies next week, shedding light on the uncertain future for Super Micro Computer.

Investors are offered a second chance with potential “Double Down” stock recommendations. Historical data shows significant returns for Amazon, Apple, and Netflix. This opportunity presents three promising companies for investors to consider before it’s too late. Don’t miss out on this potentially lucrative opportunity.



Read more at Nasdaq: Next Week Could Be Huge for Super Micro Computer Stock. 2 Big Things Investors Need to Watch