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Troubled Nvidia ally Supermicro pledged to hire a new CFO ‘immediately.' That was 14 months ago. [Fortune]

NVIDIA Corporation (NVDA)  More Company Research Source: Fortune
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
abrupt resignation of audit firm Ernst & Young had found no evidence of fraud or misconduct. Recommended Video The rub? The investigation resulted in a series of recommendations that Supermicro agreed to carry out, including that the IT solutions manufacturer would appoint a chief accounting officer and “immediately” start a search for a new chief financial officer to replace David Weigand, who took the CFO role in February 2021. No wrongdoing was pinned on Weigand, but the committee's findings stated that there were “lapses” in the rehiring of nine people who had previously resigned in 2018 following an entirely different 2017 audit-related investigation. Given that Weigand, as CFO and chief compliance officer, “had primary responsibility for the process of hiring these employees, he had primary responsibility for processes lapses,” the investigation committee stated . That included Supermicro entering into a consulting arrangement with its former CFO—who had also resigned in rel [Read more]
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Stockreport

Troubled Nvidia ally Supermicro pledged to hire a new CFO ‘immediately.' That was 14 months ago. [Fortune]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Fortune
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
abrupt resignation of audit firm Ernst & Young had found no evidence of fraud or misconduct. Recommended Video The rub? The investigation resulted in a series of recommendations that Supermicro agreed to carry out, including that the IT solutions manufacturer would appoint a chief accounting officer and “immediately” start a search for a new chief financial officer to replace David Weigand, who took the CFO role in February 2021. No wrongdoing was pinned on Weigand, but the committee's findings stated that there were “lapses” in the rehiring of nine people who had previously resigned in 2018 following an entirely different 2017 audit-related investigation. Given that Weigand, as CFO and chief compliance officer, “had primary responsibility for the process of hiring these employees, he had primary responsibility for processes lapses,” the investigation committee stated . That included Supermicro entering into a consulting arrangement with its former CFO—who had also resigned in rel [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS