...who can and will you believe?
BREAKING: SUPER MICRO COMPUTER STOCK PLUMMETS AFTER FRAUD ACCUSATIONS
Hindenburg Research alleges that Super Micro Computer (SMCI) engaged in accounting manipulation, including hiding inventory and inflating profit margins, after a 3-month investigation.
The stock, already down 15% since mid-August, has now dropped 50% from its all-time high. Hindenburg reportedly has taken a short position, betting that SMCI's stock will fall even further.
https://x.com/MarioNawfal/status/1828484117438095530
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