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Super Micro Computer Shares Soar 32% As It Avoids Getting Booted Off Nasdaq, But Analysts Are Not Convinced: Here's What's Coming Next For SMCI - Super Micro Computer (NASDAQ:SMCI)

Summary by Benzinga
Shares of Super Micro Computer Inc (NASDAQ:SMCI) closed 31.24% higher in trade on Tuesday at $28.27 apiece. This happened after it announced the appointment of BDO USA as its Independent Auditor and also filed a compliance plan with Nasdaq, according to its press release. The aforementioned update has prevented the company shares from being delisted from Nasdaq, however, company insiders loaded up on the shares of SMCI before this update. Furthe…
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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Center
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