Quantum Shares Tick Up in Pre-Market Trade After AI Storage Angle Draws Notice
Quantum Corp was up before the open Thursday, following a solid gain from the previous session. The Nasdaq-listed data-storage stock closed Wednesday at $8.16, up 5.84%. Shares traded at $8.64 pre-market on Investing.com, a 5.88% move before regular trading on Nasdaq starts. The move is catching attention now with investors shifting back into technology and AI names. Wall Street’s big indexes all rose over 1% Wednesday, led by chip stocks and tech names. The Nasdaq Composite was up 1.55%. “Technology is driving the bus” as investors push into AI, BMO Private Wealth’s Carol Schleif told Reuters.