WQTM is trading at $27.72, up 1.87%, likely reflecting a rebound in technology shares after a volatile session.
- The Nasdaq recovered as investors bought AI and semiconductor stocks, despite lingering doubts about returns on heavy AI infrastructure spending.
- Meta’s elevated AI spending outlook and chip weakness weighed on tech sentiment earlier, while oil above $114 and Middle East tensions added risk-off pressure.
- No specific late-breaking announcement clearly explains WQTM’s after-hours gain.