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Sarah Holzmann

3 Reasons to Sell Super Micro Computer Stock No Matter What Happens on February 25

Super Micro Super Micro Computer SMCI DOJ Nasdaq Microsoft Nvidia

A deadline for Super Micro Computer (SMCI) to file its delayed annual and quarterly financials looms large today, Feb. 25. If the company fails to meet the deadline, it risks being delisted from the Nasdaq Exchange. 

The company, which specializes in server and storage systems for high-performance computing, has seen its shares fall 40% over the past year. Super Micro failed to file its 10-K annual report for its fiscal 2024, which ended in June. Its audit committee for the board of directors raised concerns over its internal financial controls, and its auditor, EY, resigned. Super Micro then subsequently failed to file its 10-Q quarterly report for the first quarter of its fiscal 2025 and most recently confirmed that its Q2 2025 filing would be delayed as well. 

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