QTEX is trading at $1.85 (8.8%) in after-hours trading, rebounding on recent positive company news.
- The company announced on June 22 that its CEO, chairman, and senior management plan to acquire up to 2 million shares using personal funds.
- This follows a significant milestone on June 15 where its Additively Manufactured Electronics (AME) system achieved a 97% yield and moved to the production floor at a large U.S. interconnect manufacturer, leading to a 71.7% jump in stock price.
- The stock has remained volatile since rebranding to QTREX Quantum and announcing advanced discussions for a strategic collaboration with a top-five quantum computing player in late May.