SMCI stock price falls over 20% as Super Micro Computer faces Nasdaq delisting
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The AI server maker’s bad day follows another double-digit stock plunge last week after its accounting firm Ernst & Young resigned.
More bad news for Super Micro Computer, Inc. (Nasdaq: SMCI): Shares sank over 20% on Wednesday after the AI server maker missed earnings estimates, adding to its mounting problems. It also said it’s unsure when it will file annual results for the latest fiscal year.