Supermicro Stock Soars in Extended Trading as Server Maker Meets Filing Deadline

Key TakeawaysSuper Micro Computer shares surged after the company submitted its delayed financial reports just ahead of a deadline late Tuesday to avoid being delisted by the Nasdaq. The stock had tumbled during Tuesday's regular session amid concerns about whether the deadline would be met.The stock lost about half its value over the past year through Tuesday’s close. Super Micro Computer (SMCI) shares rocketed higher after the company submitted its delayed financial reports late Tuesday, just beating its ...