Super Micro Computer (SMCI) 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 ...
Ernst & Young has resigned as the auditor for Super Micro Computer SMCI-30.80%decrease; red down pointing triangle after finding that it can no longer rely on management’s misrepresentations.
Super Micro Computer investors are still nervous, and they have every right to be. The stock fell 4% Tuesday but was up 2.3% ...