SMCI falls more than 9% pre-market on 10-K delay
SMCI falls more than 9% pre-market on the news that the company is to delay the 10-K form for FY2024. Adam posted yesterday on the short-selling research firm Hindenburg alleging "accounting manipulation, sibling self-dealing and sanctions evasion".This delay just strengthens the Hindenburg's case in the market's view... This article was written by Giuseppe Dellamotta at www.forexlive.com.
SMCI falls more than 9% pre-market on the news that the company is to delay the 10-K form for FY2024. Adam posted yesterday on the short-selling research firm Hindenburg alleging "accounting manipulation, sibling self-dealing and sanctions evasion".
This delay just strengthens the Hindenburg's case in the market's view... This article was written by Giuseppe Dellamotta at www.forexlive.com.
