Super Micro stock continues to slide after the AI company delayed the filing of its quarterly results, which could cause a delisting from the Nasdaq. Here's why.

This isn't the first time Super Micro Computer investors faced delisting risks. In 2018, trading in the stock was suspended on the Nasdaq.

If you’re just looking at raw percentage gains since the AI mania began, Super Micro Computer (NASDAQ:SMCI) would probably qualify for the top spot of which stock popped the most–before it crashed. This stock has been riddled with a boatload of problems and is down 77% from its March peak–39% in the past month alone.

Super Micro Computer (NASDAQ: SMCI) stock fell in Wednesday's trading after the company said that it would not be able to file its quarterly 10-Q report on time. The company's share price closed out the daily session down 6.

Super Micro Computer is still dropping, and is five times cheaper than its March 2024 peak. Read why I believe SMCI is very attractively valued.

Super Micro Computer stock could be getting delisted soon. Now, investors who own the stock have to decide whether they want to continue holding the stock. Why could Super Micro get delisted? It delayed filing its 10-K for the fiscal year ended June 30,

Super Micro Computer, Inc. (NASDAQ:SMCI) stock is trading lower Wednesday after it announced that it could not file its fiscal first-quarter 2025 Form 10-Q for the September 30, 2024 quarter due to excessive effort and cost.

Super Micro Computer stock (NASDAQ: SMCI) fell by about 6% in Tuesday’s trading and remains down 54% over the past month amid significant corporate governance concerns and questions about the company’s financial reporting.