Super Micro Computer Faces Nasdaq Delisting Deadline

The company must submit a compliance plan by Monday to avoid being removed from the Nasdaq exchange.

Super Micro Computer's stock has plunged 85% from its peak due to ongoing financial reporting issues and potential delisting from Nasdaq.
The company has until Monday to file a compliance plan or risk being delisted, following a missed deadline for its annual report.
Super Micro's auditor, Ernst & Young, resigned in October, citing concerns about the company's financial statements.
The Department of Justice is reportedly investigating the company for alleged accounting fraud and other issues.
Super Micro's relationship with key partner Nvidia is under scrutiny, with potential impacts on its future business operations.