Super Micro Computer stock was soaring on Tuesday as the server maker’s plan to stay listed on the Nasdaq exchange appeared to soothe investors.Shares climbed 29% to $27.80 and were on pace for their largest percentage increase since Feb.

Super Micro Computer Inc. shares gained 31% Tuesday, the most since February, after the company hired a new auditor and filed a plan to come into compliance with Nasdaq listing requirements.The server maker said late Monday that it submitted a plan to the Nasdaq exchange for filing its 10-K financial disclosure report delayed in August.

The artificial intelligence (AI) server maker took two important steps on the road to recovery, but the journey isn't over.