Supermicro Shares Soar as It Looks to Avoid Being Delisted. Is Now a Good Time to Buy the Beaten-Down Stock?
The caveat is that Supermicro currently has a lot of scrutiny around its numbers. The SEC has fined the company in the past by the SEC over its accounting, while the combination of the short report, potential DOJ investigation, and resignation of its auditor don't look good.