10 Stocks Jump on Impressive Earnings, Bullish Outlooks

7. Super Micro Computer Inc. (NASDAQ:SMCI)

Shares of Super Micro jumped 8.6 percent on Tuesday to finish at $29.16 each as investors repositioned their portfolios ahead of its second quarter fiscal 2025 business update scheduled for February 11, 2025, after market close.

Investors will be watching out for two cues in the call meeting: the company’s annual report for the 12 months ending June 2024 which was yet to be filed with the Securities and Exchange Commission, and whether it would be able to submit all delayed filings by February 25—a vital factor in keeping its position as a publicly listed company.

Nasdaq allowed Super Micro to be delinquent over the past few months amid allegations from short seller Hindenburg Research that it found evidence of undisclosed related party transactions, and a failure to abide by export controls, among other issues.

In 2018, the company was forcefully removed from the Exchange after failing to file financial statements and then returned in 2020. In the same year, it was fined by the SEC for “widespread accounting violations.”