Super Micro Computer Faces Immense Reputational Risk
Corroborated by 3 sources from 3 publishers
TL;DR
Super Micro: The Cost Of Lost Credibility May Be Just Beginning Shares of Super Micro Computer (NASDAQ: SMCI) have been crashing in recent days, on news that people connected to the company helped smuggle Nvidia's chips to China, getting around export restrictions in the process. As a result of the news, the stock has been in the midst of a sharp free fall. Within just the past week, it has crashed close to 30%.
Sources
1
Seeking Alpha Market News
https://seekingalpha.com/article/4885794-super-micro-the-cost-of-lost-credibility-may-be-just-beginning?source=feed_all_articles
2
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/super-micro-computer-stock-sinks-162000231.html
3
Seeking Alpha Market News
https://seekingalpha.com/article/4885870-super-micro-cheap-for-a-reason-and-not-cheap-enough?source=feed_all_articles
4
MarketWatch Top Stories
https://www.marketwatch.com/story/super-micro-dell-and-hpe-have-been-red-hot-stocks-this-week-whats-behind-the-big-moves-9fc8acc7?mod=mw_rss_topstories
5
Seeking Alpha Market News
https://seekingalpha.com/article/4885917-super-micro-computer-faces-immense-reputational-risk?source=feed_all_articles