Why Super Micro Computer Stock Popped Monday

Despite concerns from some investors, Super Micro says its business is still flourishing. Super Micro Computer (SMCI 14.18%) stock has been under pressure for the last several months. But an update from the company had shares soaring today. Investors have been concerned about dropping profit margins, questions about accounting practices, and the delay in Supermicro filing its 10-K annual report. However, the company says sales are still robust. Those issues have sent the stock down by 44% over the past thre ...