For investors, the key question is whether management will be able to remove the doubts about the company’s finances when it does publish its earnings.

Financial writer discusses Super Micro Computer's drastic stock drop, accounting scandal, and limited upside potential despite overcoming challenges.

In October, Ernst & Young resigned as Super Micro's auditor, resulting in a 33% stock plunge. An independent special board committee evaluated concerns from Ernst & Young and found no misconduct following a three-month investigation. The report recommended the company replace its CFO. The company said in November that BDO was its new auditor.

Shares of Super Micro Computer Inc. SMCI advanced 2.56% to $32.40 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.73% to 5,

Super Micro Computer stock was rising at the start of the holiday week.Shares of the server maker, whose stock has swung dramatically this year, were up 1.6% at $32.09 in Monday afternoon trading. They climbed 1.