Hindenburg Hits Super Micro Computer: Stock Plunges After Shocking Claims

Published: Aug 27, 2024 Duration: 00:00:40 Category: News & Politics

Trending searches: hindenburg research
super micro Computer stock just took a nose dive plunging 26% after they announced a delay in filing their annual report they're scrambling to assess internal controls which raises eyebrows especially after Hindenberg research accused them of accounting manipulation this isn't just a minor hiccup cfra analysts have downgraded the stock and it's down over 60% since its March Peak short sellers are cashing in big time as the drama unfolds with a history of SEC settlements for accounting violations it's clear this company is under serious scrutiny what's next for super micro only time will tell

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