Super Micro Computer stock has seen big ups and big downs, yet it is still on track to finish the year higher than when it started. Shares retreated 4.1% to $32.34 as the market opened on Friday, after slipping 1.

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

With shares down an eye-watering 71% from an all-time high of $119 reached in March, Super Micro Computer (NASDAQ: SMCI) trades at a substantial discount from its peak. Shares are reeling after allegations related to the company's accounting practices and other challenges.

Super Micro Computer has risen as high as $119 and dropped as low as $18 during the course of the year. Does Bill Ackman Know Something Wall Street Doesn't? The Billionaire Investor Has More Than Quintupled His Stake in This Stock.