Super Micro Computer stock was soaring on Tuesday as the server maker’s plan to stay listed on the Nasdaq exchange appeared to soothe investors.Shares climbed 22% to $26.35, making the server maker the top performer in the S&P 500.

Super Micro Computer (SMCI) has been making headlines with a rollercoaster stock performance. On Nov. 18, shares surged over 15%, followed by a 27% gain in pre-market trading this morning. The company’s latest efforts to defend its Nasdaq listing and appoint a new independent auditor,

Super Micro Computer (NASDAQ: SMCI) stock has been in free fall for the last six months. A myriad of issues related to its accounting practices have spooked investors. After the company announced it would have to delay the release of its 10-K annual report for its fiscal 2024 ended June 30,

Super Micro Computer shares were sharply higher on Monday as investors awaited a planned filing that might allow the server maker to avoid being delisted.In afternoon trading, Super Micro stock was up 23% to $22.

Super Micro Computer (NASDAQ: SMCI) stock plunged across the last week of trading. Its share price ended the period down 24.2% from the previous week's market close, according to data from S&P Global Market Intelligence.