Super Micro stock, even discounted by 'red flags', is causing investors to stay away.

August 31, 2024 4:59 JST (excerpt)

If the stock price continues this way, it will deliver its worst monthly performance in nearly six years
Concerns have arisen regarding accounting following reports from short-sellers and others.
The stock price of a company that Wall Street has been focused on for benefiting from artificial intelligence (AI) related demand has plummeted due to negative news. Doubts about accounting have been raised, and even investors looking for bargain buy opportunities are hesitant to approach.
That company is Super Micro Computer Inc. If the company continues on this path, it will have the worst performance in nearly six years on a monthly basis. Short-sellers have pointed out the possibility of accounting issues, and it has been viewed negatively that the filing of the annual report (Form 10-K) has been delayed. Regarding the company, the earnings announcement made in early August was disappointing, and at that time, the stock price also fell significantly.