Super Micro Computer Stock Plummets Following Annual Report Delay

The company's decision comes after a critical short-seller report alleging accounting issues and other irregularities.

Super Micro Computer delayed its annual report filing to review internal financial controls.
The delay follows a short-seller report from Hindenburg Research citing accounting manipulation and other concerns.
Shares of Super Micro Computer fell by up to 25% in response to the news.
Hindenburg's report also highlighted past SEC charges and alleged undisclosed related party transactions.
Investors are wary of the company's financial reliability amid these developments.