All factors
⏳

Delayed regulatory filing

🚨 Trust
▼ Usually bearish

The company fails to file its annual or quarterly report on time.

Typical size

5-25%

Timeframe

Immediate; worsens with each extension

Evidence

1 logged event

Why it moves the price

Filings are late when the numbers cannot be signed off. It signals an unresolved accounting question and starts an exchange compliance clock running toward delisting.

What separates a good call from a naive one

One short delay with a mundane explanation is survivable. Repeated extensions, especially alongside an auditor change, form the classic sequence that precedes a restatement or a delisting.

Measured impact

Not enough evidence yet

Every logged event is measured against real closing prices: the move from the close before the event, compared with the S&P 500 over the same window.

Next day

-19.02%

Median
-19.02%
Moved up
0% of 1
vs S&P 500
-18.44%

After 1 week

-22.67%

Median
-22.67%
Moved up
0% of 1
vs S&P 500
-20.78%

After 1 month

-26.52%

Median
-26.52%
Moved up
0% of 1
vs S&P 500
-28.43%
Textbook view:▼ Usually bearishtypically 5-25%

No measured verdict yet — 1 event logged. Three or more are needed before the data says anything useful.

The evidence (1)

Every row is a real event, measured against actual closing prices.

DateStockWhat happenedNext day1 week1 monthvs S&P
Aug 28, 2024SMCI

Annual report filing delayed, one day after the short report

The classic escalation: allegations followed immediately by a missed filing.

-19.02%-22.67%-26.52%-18.44%

Measured from historical closing prices. Past reactions do not guarantee future ones. Not financial advice.