From Nasdaq: 2024-11-18 00:11:55

Super Micro Computer stock (NASDAQ: SMCI) faces delisting from Nasdaq due to a November 16th deadline to file its delayed 10-K annual report. With no public accounting firm to sign off on financial statements, shareholders may see trading move to OTC markets. Despite strong financial performance, questions about accuracy remain. Delisting could impact stock price and core business.

SMCI stock has outperformed the market in recent years with significant returns. If delisted, trading would shift to OTC markets with higher costs and lower liquidity. Investors may still hold stock but face risks of inaccurate financial information. Concerns about impact on core business and relationships with customers and suppliers arise. Delisting could further impact stock price and earnings multiple.



Read more at Nasdaq: What Should Investors Do If Super Micro Stock Is Delisted?