Super Micro Stock Surges on New Auditor and Nasdaq Compliance Plan

Super Micro Computer's stock surged in premarket trading after the company appointed a new auditor, BDO USA, and submitted a compliance plan to Nasdaq to avoid delisting. The stock, which had lost over half its value due to accounting issues and delisting fears, rose 25% to around $27. Investors are advised to watch key resistance levels at $30, $39, and $64, and a support level at $23, as the stock's relative strength index moves out of oversold territory, indicating potential for further gains.