Super Micro stock continues to slide after the AI company delayed the filing of its quarterly results, which could cause a delisting from the Nasdaq. Here's why.

Shares of Super Micro Computer (SMCI) hit a new 52-week low on Thursday morning as the AI-focused hardware company struggles with filing its quarterly report (Form 10-Q) for the period ending September 30.

Super Micro Computer stock (NASDAQ: SMCI) fell by about 6% in Tuesday’s trading and remains down 54% over the past month amid significant corporate governance concerns and questions about the company’s financial reporting.

Investors in server maker Super Micro continue to flee after news this week that Ernst & Young has resigned as its auditor.

Super Micro Computer stock could be getting delisted soon. Now, investors who own the stock have to decide whether they want to continue holding the stock.Why could Super Micro get delisted? It delayed filing its 10-K for the fiscal year ended June 30,

Key Takeaways Super Micro Computer shares continued sliding in extended trading after leading Nasdaq decliners on Wednesday following news that the embattled server maker would delay the filing of its quarterly results.

Super Micro Computer (NASDAQ:SMCI) stock continued to slide, with shares down 10% in premarket trade, a day after the company delayed its 10-Q filing. The embattled artificial intelligence server maker said on Wednesday it will be unable to file its quarterly report on Form 10-Q for the period ended Sept.

Super Micro Computer, Inc. (NASDAQ:SMCI) stock is trading lower Wednesday after it announced that it could not file its fiscal first-quarter 2025 Form 10-Q for the September 30, 2024 quarter due to excessive effort and cost.