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Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s misrepresentations.
Ernst & Young has resigned as the auditor for Super Micro Computer SMCI 1.91 % increase; green up pointing triangle, saying it can no longer rely on management’s representations.
(Reuters) -Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% and deepening investor worries about accounting practices at ...
A view of the Ernst and Young offices in London on January 5, 2018. On October 30, 2024, Super Micro Computer shares plunged after Ernst and Young resigned as the company's auditor.
Super Micro Computer saw its shares plunge over 30% after announcing that Ernst & Young (EY) had resigned as its auditor, deepening investor concerns around the company’s accounting practices.EY ...
Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller’s report put them on the minds of investors. Super Micro’s troubles build ...
Super Micro Computer (SMCI) stock plunges in Wednesday trading — falling over 30% at the time of this video's posting — after accounting firm Ernst & Young resigned as the server manufacturer ...
Sometimes, when a stock falls on hard times, investors sell and forget about it. But in the case of AI server specialist Super Micro Computer (SMCI-3.43%), these naysayers could be missing out on ...
Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more than 30% and deepening investor worries about accounting practices at the ...
Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller's report put them on the minds of investors .