Super micro computer (smci) shares tumble after wsj reports doj probe amid investor class actions - hagens berman

San francisco, sept. 26, 2024 (globe newswire) -- super micro, the beleaguered data center technology company, is facing a federal criminal investigation after a critical report by short-seller hindenburg research, according to the wall street journal. the u.s. attorney's office in san francisco has reportedly contacted individuals with potential knowledge of accounting irregularities at the company, according to sources familiar with the matter. the news sent super micro's shares plummeting by as much as 18.5% in intraday trading.
SMCI Ratings Summary
SMCI Quant Ranking