Super Micro Computer’s Next Leg Hinges on Keeping Nasdaq Listing

The next leg of Super Micro Computer Inc.’s rally, which has seen the shares jump more than 90% this year alone, hinges on the stock being able to trade on a major exchange.

The San Jose, California-based company has until Feb. 25 to submit all of its outstanding financial reports to bring it back to compliance so it can remain listed on the Nasdaq. The looming deadline has been an overhang on shares.

The market’s assumption is everything gets filed, according to Wedbush analyst Matt Bryson. “That’s largely baked into the stock at this time,” he said ...