Super Micro Computer Rally

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Supermicro shares

Investopedia

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Supermicro Stock Extends Rally on Anticipation of Plan to Avoid Delisting

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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.

Barron's reported Friday that Supermicro was on track to file a plan with the stock exchange by Monday to remain listed.

Gains come after the stock took a hit in recent months from concerns about the company's stock being dellisted after it delayed filing its annual report in August .

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