Super Micro Computer is earning a reputation for being a volatile stock but this week takes the cake. The stock was the best performer in the S&P 500 on Monday, surging 15.9%, but the worst performer on Tuesday,

The stock jumped 15.9% today, meaning it's now doubled since Nov. 15. There was no company-specific news out on the stock today, but shares continued their march higher as investors seemed to believe the risk in the stock was significantly reduced since it filed to stay in compliance and hired a new auditor.

On Monday, the company said that it had hired BDO as its public auditor, replacing Ernst & Young, which resigned in October after it raised concerns regarding the

Super Micro Computer was slipping early Tuesday after an impressive run higher. The server maker has been rising sharply since it said it had appointed a new auditor and had a plan to submit earnings and prevent its delisting.

Super Micro Computer shares have gone on a blistering rally the last two weeks, nearly doubling from 52-week lows. See why I'm reiterating a sell on SMCI stock.

There were various positive developments for Super Micro this week, beyond the news that the company has a new auditor.

Super Micro has engaged BDO as its auditor, replacing Ernst & Young, which resigned in October after it raised concerns regarding the company’s financial statements.

Super Micro faces potential delisting should a Nasdaq plan to remain listed not be approved. Click here to read an analysis of SMCI stock now.

A relief rally in Super Micro Computer (NASDAQ: SMCI) stock is back on track today after taking a breather on Wednesday. Shares of the artificial intelligence (AI) server stack provider exploded higher on Tuesday after the company announced plans to address corporate governance and accounting questions.

When I think about stocks with millionaire-maker potential, I typically envision fast-growing companies with small valuations -- two characteristics Super Micro Computer (NASDAQ: SMCI) has in spades.