Super Micro Computer's stock jumps 20% amid efforts to avoid Nasdaq delisting, but future remains uncertain.

Super Micro Computer's stock surged nearly 20% as the company prepares to submit a plan to avoid delisting from Nasdaq. The rise follows delays in filing annual and quarterly reports and a short-seller report questioning its accounting practices. Despite the stock bounce, investors are advised to remain cautious as the company's future is still uncertain.

November 17, 2024
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