In a post here on Friday (“Trading Binary Outcomes On An Explosive Stock”), we opened a pair of trades structured to enable us to profit whether shares of Super Micro Computer, Inc. SMCI spiked or plummeted this week. That was based on the impact of two expected catalysts.
Super Micro Computer (SMCI) shares soared in extended trading Monday after the company named a new auditor and filed a compliance plan to avoid delisting by the Nasdaq.
CNBC's Bertha Coombs joins 'Fast Money' to talk Super Micro Computer appointing BDO as an independent auditor.
Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules, sending its shares 15% higher in extended trading.
Super Micro's stock rallies more than 17% after news that stave off delisting — at least for now.
Could the tables finally be turning for Super Micro Computer?
Why Super Micro Computer Stock Was Soaring Today
Reports state that Supermicro (SMCI) has submitted a proposal to avoid being delisted on the Nasdaq-100. The fight to stay on the index is a result of accounting concerns that began several months ago.
Super Micro Computer Stock Is Rebounding Today. Is It Time to Buy?
SMCI stock rose Monday as Super Micro Computer prepared to file a plan with the Nasdaq Stock Market to avoid being delisted. The post Super Micro Stock Jumps As Data Center Firm Preps Plan To Avoid Delisting appeared first on Investor's Business Daily.
Shares of Super Micro Computer (SMCI) climbed in early trading Monday, extending their rally on anticipation the company is preparing to submit a plan to avoid being delisted from the Nasdaq stock exchange.
Despite recent setbacks and a 70% stock dip, SMCI's long-term growth potential and low valuation signal a buy.