Why Super Micro Computer Stock Was Soaring Today
Super Micro Computer(SMCI) The Motley Fool·2024-11-18 19:58Shares of Super Micro Computer (SMCI 24.11%) were surging today as investors awaited a plan from the company to stay in compliance with the Nasdaq and maintain its listing.Following a delay in its 10-K filing, the Nasdaq told Supermicro in September that it was out of compliance with its standards and that it had two months to file the annual report or submit a plan to get back in compliance.That deadline is expiring today, but investors were optimistic that it would submit a plan after Barron's reported on ...