Why Super Micro Computer Stock Plunged Today
Super Micro Computer (NASDAQ: SMCI) had been one of the high-flying tech stocks this year. But the maker of servers, cooling systems, and storage system components for the massive data center market has run into some headwinds.
Today, the company said it would need to delay its 10-K filing for its fiscal 2024 year ended June 30. The company previously reported results for its fourth quarter and fiscal year on Aug. 6. It noted it has not made any updates to those results.
Source Fool.com