🟢 Growth ETF (QQQM) is trading 2% up in after-hours trading as technology stocks rebound

QQQM is trading at $295.94, up 2.03% versus the regular-session close, as Nasdaq and technology stocks rebound.

• The rebound appears to reflect bargain-hunting in AI and semiconductor shares after the prior session’s selloff, which followed renewed concerns about AI spending and returns, including pressure on Meta and chipmakers.
• Reports do not establish a specific late-breaking announcement behind QQQM’s after-hours rise; the move does not show that AI-spending concerns have disappeared.