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Benzinga
Benzinga
Business
Rounak Jain

SMCI Stock Surges 9% In After-Market Hours As Company Gets Extension To File Annual Report

SMCI Nasdaq Super Micro

Super Micro Computer Inc. (NASDAQ:SMCI) stock surged nearly 9% in after-market hours trading after the company received an extension from Nasdaq to file its overdue annual and quarterly reports by Feb. 25.

What Happened: The AI server manufacturer, known for its advanced liquid cooling technology, has been under scrutiny since August when it delayed its annual report filing, citing the need to evaluate internal controls over financial reporting.

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