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SMCI stock 'in penalty box' after 10-K delay: Barclays

August 29, 2024 10:33 AM EDT

Barclays analysts noted on Thursday that Super Micro Computer (NASDAQ: SMCI) finds itself under pressure following the announcement of a delay in filing its 10-K annual report.

The company revealed that it would not meet the Thursday (August 29) deadline for filing its 10-K, citing the need for more time to assess its internal controls over financial... More