Super Micro Computer Inc. faces a looming deadline to outline how it will get back in the good graces of the Nasdaq, with the server maker on thin ice as it tries to maintain its listing on the exchange.

The stock is now down more than 25% for the year and more than 80% from its all-time high, set earlier this year. With that kind of decline, some investors may wonder if it's a stock with some value in it. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »

Super Micro Computer stock could get delisted soon—and investors who own shares must decide whether to continue holding the stock. Why could Super Micro get delisted? It delayed filing its 10-K for the fiscal year ended June 30,