Super Micro Surges 10% On Monday Pre-Market After Company Gets Nasdaq Extension To File Annual Report

Shares of Super Micro Computer Inc. (NASDAQ:SMCI) have jumped by 10.20% in Monday’s pre-market trading session. This surge follows the company’s successful acquisition of an extension from Nasdaq to submit overdue annual and quarterly reports by Feb. 25.

The AI server manufacturer experienced a nearly 9% rise in after-market trading on Friday. This increase came on the heels of the Nasdaq extension, which grants the company additional time to file its delayed reports.

The delay was initially announced ...

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