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Why Super Micro's Stock Is Soaring After Completion of Accounting Probe
XPeng, NovoCure, Merus, Gap And Other Big Stocks Moving Higher On Monday
Out of the predicament? The review found no improper behavior, and the super micro computer surged 20%!
A new chief financial officer will be appointed.
Nasdaq, S&P, and Dow Are Mixed While Treasury Yields Climb
Super Micro +20% Says Accounting Review Clears Management, Plans to Replace CFO
Super Micro Computer Stock Is Surging Today: What's Behind The Move?
The super micro computer review found no misconduct, decided to replace the chief financial officer, and U.S. stocks rose nearly 16% in early trading.
Super micro computer's pre-market trading increased by 13%, with early gains approaching 16%. The company announced it will replace chief financial officer David Weigand and is seeking a new chief compliance officer and general counsel. An external review found no misconduct by the company.
Express News | Super Micro Computer Shares Up 13.37% After the Company Announced It Completed a Review by an Independent Special Committee. and Stated EY's Conclusions Were Not Supported by Findings
Super Micro Computer Strengthens Governance After Review