SMCI stock rose Monday as Super Micro Computer prepared to file a plan with the Nasdaq Stock Market to avoid being delisted.
Shares of Super Micro Computer are trading higher ahead of a deadline for the company to tell Nasdaq how it plans to avoid a delisting. The stock was up 10% at $20.44 in premarket trading.
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With U.S. stock markets set to open in two hours, Super Micro Computer Inc. (SMCI) was up 12.6% in pre-market trading, and Aurora Innovation Inc. (AUR) was up 8.2%.