Quantum Corporation, Common Stock

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Whats your view on Quantum Corporation, Common Stock

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  • Quantum Corporation (QMCO), massive surge, hitting a 52-week high of $64.24, 536% returns over the past year.

  • Quantum Corporation isn’t actually a quantum computing company. They’re more into data storage solutions.

  • Likely riding the wave of excitement in quantum computing, especially after Google announced their new quantum chip, Willow

  • Some analysts suggest that investors might be confusing their name with quantum tech, leading to inflated stock prices.

  • Quantum reported a 7% year-over-year revenue decrease in Q2.

  • Stock might be overvalued due to the hype.

  • It’s always a good idea to do thorough research and consider the fundamentals before jumping in.