Super Micro Computer Inc.’s stock is again leading the the S&P 500 index with a big surge that reflects growing investor confidence about the company’s ability to get back on track with its filing requirements.

Super Micro Computer Inc. shares jumped as much as 42% in premarket trading after the company hired a new auditor and filed a plan to come into compliance with Nasdaq listing requirements.The server maker said it submitted a plan to the Nasdaq exchange for filing its 10-K financial disclosure report delayed in August.

Shares of Super Micro Computer ( SMCI 15.93%) were surging today as investors awaited a plan from the company to stay in compliance with the Nasdaq and maintain its listing.