Previous Close | 33.15 |
Open | 35.99 |
Bid | 38.30 x 1300 |
Ask | 38.52 x 5300 |
Day's Range | 35.55 - 39.23 |
52 Week Range | 17.25 - 122.90 |
Volume | |
Avg. Volume | 83,034,014 |
Market Cap | 22.492B |
Beta (5Y Monthly) | 1.28 |
PE Ratio (TTM) | 19.11 |
EPS (TTM) | 2.01 |
Earnings Date | Jan 27, 2025 - Jan 31, 2025 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 40.32 |
Super Micro Computer (SMCI) stock is extending gains after successfully averting a potential NASDAQ delisting. The server maker has secured BDO as its new accounting firm as it looks to ensure compliance with financial reporting requirements after Ernst & Young's departure in October. Catalysts Co-hosts Seana Smith and Madison Mills break down the details. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith
Shares of Super Micro Computer (NASDAQ: SMCI), the once high-flying artificial intelligence (AI) server stock, were back on the move again today. After plunging over a period of several weeks over concerns that began with a short-seller attack and a delay in its 10-K filing, the stock has rebounded sharply since Nov. 15 as the company hired a new auditor and submitted a plan to stay in compliance with the Nasdaq stock exchange. There was no company-specific news out on the stock today, but shares continued their march higher as investors seemed to believe the risk in the stock was significantly reduced since it filed to stay in compliance and hired a new auditor.