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Supermicro Stock Rises for Fifth-Straight Session After Business Update

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Supermicro shares gained 8% Wednesday , making the company one of the top performers in the S&P 500.

Supermicro also said it expects to submit its delayed financial reports from the 2024 fiscal year by Feb. 25 to avoid being delisted.

Despite Supermicro stock skyrocketing over the past week , the company's shares have lost a quarter of their value.