On Friday, super micro computer (SMCI.US) opened weaker and fell over 9%, trading at $31.81.
According to the Securities Times app, on Friday, Super Micro Computer (SMCI.US) opened weaker, falling over 9% to $31.81. On the news side, the company indicated in the documents submitted late Tuesday that it had prepaid and terminated loan agreements with Cathay Bank and Bank of America due to recent revisions to these agreements making them more onerous. This move released some cash and lifted restrictions related to delayed reporting of the company's audited financial statements.