On February 26th, Super Micro Computer surged over 20% in after hours trading as the server manufacturer submitted delayed financial reports to comply with Nasdaq market rules, easing investors’ concerns about the company’s delisting risk. Super Micro Computer submitted its fiscal year 2024 performance report to the US Securities and Exchange Commission on Tuesday. In addition, the company also submitted quarterly financial reports as of September 30th and December 31st. The company’s stock price closed at $45.54 on Tuesday and rose to $56.45 in after hours trading.
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