Through Friday, the stock had plummeted 84.4% since it closed at a record $118.81 on March 13, at the height of AI hype. At that record close, the stock had rocketed 318% to date

SMCI stock rose Monday as Super Micro Computer prepared to file a plan with the Nasdaq Stock Market to avoid being delisted.

After a scathing short report highlighted questionable accounting practices, the company's auditor resigned, and it has not been able to file its annual report at its expected due date. The once-loved artificial intelligence (AI) stock is showing red flag after red flag