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Super Micro Computer stock soars 30% as it avoids getting booted off the Nasdaq

Quartz

qz.com › super-micro-auditor-compliance-nasdaq-1851702728

Super Micro Computer stock (SMCI) surged more than 30% on Tuesday morning after the AI hardware company successfully maintained its Nasdaq (NDAQ) listing by hiring a new auditor. The move comes several weeks after the server company’s auditor, Ernst & Young, resigned, following months of disagreement over Super Micro…

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