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After being shorted by Hindenburg, the company postponed the release of its performance report. The stock price of Supermicro Computer plummeted by more than 26% during trading on Wednesday Eastern Time. Previously, the company stated that it would postpone the disclosure of its annual financial report. A day ago, the well-known short selling institution Hindenburg released a short selling report on the company, stating that after investigation, it was found that there were obvious danger signals in the accounting operations of Supermicro computers.
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