Supermicro's Comeback, Auditor's Departure

This is a news story, published by Yahoo Finance, that relates primarily to Supermicro news.

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Supermicro stock

The Motley Fool

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Business

Business & Economics

Is Super Micro Computer Stock a Buy?

Summary

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77% Informative

Super Micro Computer (NASDAQ: SMCI ) seems to be shrugging off delisting fears intensified by the surprise resignation of its auditor.

Some analysts expected Supermicro to be delisted from the Nasdaq, an outcome that could hurt its stock price by scaring away institutional buyers and making its shares less liquid.

Supermicro 's preliminary fiscal first-quarter earnings (for the three months ended Sept. 30 ) fell short of expectations, but the results would be considered fantastic for most companies.

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Informative language

Neutral language

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semi-formal

Language

English

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not offensive

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not hateful