Super Micro blasted by their auditors on the way out
Wow. In the strongest statement I’ve seen in a long time by an auditor, Ernst and Young has resigned as Super Micro Computer’s auditing firm saying that it…
Category
Bad Forecasts
Janus International Group’s stock is in freefall after bad quarter & bad guidance
Q3 earnings are out and storage building company Janus International saw its sales fall 18% from last year. Its EPS was half of what analysts were expecting and…
HelloFreefall
Sponsoring every podcast in existence must not be what it used to be. Shares of meal kit delivery service HelloFresh have shed 42% of their value on a…
Victoria’s Secret plunges 30% on falling sales guidance
Crotchless panties anyone? Apparently not as Victoria’s Secret is in freefall after projecting lower revenues next year. This coming off a year where same-store sales already saw a…