share_log
Moomoo 24/7 ·  Dec 2 20:39

$Super Micro Computer (SMCI.US)$ shares jumped 5% in overnight trading on plans for a new CFO and a management cleared by account review.

The company announced plans to appoint a new Chief Financial Officer (CFO) and stated that the claims made by their former auditor, Ernst & Young, were not supported by the facts of their investigation. In November, the company said that its preliminary investigation had found that the audit committee had acted independently and had found no evidence of fraud or misconduct by management or the board.

They also said they had started looking for a new CFO and were speeding up the search for a Chief Compliance Officer and General Counsel. The current CFO, David Weigand, would continue in his role until a successor was appointed.

Super Micro Computer reiterated on Monday that they believed they would be able to complete their annual and quarterly reports within the discretion period granted by the Nasdaq staff and become current with the exchange's periodic reporting requirements.

Moomoo 24/5 trading feature, considering you to trade US shares and ETFs not just during regular hours but also pre-market, after-market, and during the daytime!

What is 524? Learn more: Moomoo feature hunt: 24/5 round-the-clock US trading, make every hour count

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment
    Heat List
    US
    SymbolLatest Price% Chg

    No Data

    Hot News
    Updated