finance.yahoo.com / Yahoo! Finance
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2024-11-22 18:45:46
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wss://articles.layer3.newsPublished at
2024-11-22 18:45:46Event JSON
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"Super Micro's stock has been on a rebound after the company submitted a compliance plan to the Nasdaq and hired a new auditor, BDO, following a report by short seller firm Hindenburg Research that pointed to alleged accounting malpractices and violations of export controls. The company's shares have been under pressure due to the report and its delayed filings with the Securities and Exchange Commission, which put it at risk of being delisted from the Nasdaq. However, the company's new auditor and compliance plan have helped to alleviate concerns and boost the stock."
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