On Thursday, the ultra-micro computer (SMCI.US) opened and fell more than 8% to a new low during the year, at $18.56.
The Zhitong Finance App learned that on Thursday, the opening of the ultra-micro computer (SMCI.US) fell more than 8% to a new low of $18.56 during the year. According to the news, Ultramicrocomputer delayed submitting its 10-Q quarterly report, saying it would take more time to find a new auditor. Jim Cramer commented: “Ultramicrocomputers are in real trouble because of this delay... don't know how they can get out of this situation...” Additionally, the company faces the risk of being delisted by NASDAQ, which could result in early repayment of up to $1.72 billion in convertible bonds.
