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$ASTC

2 stories mentioning ASTCUpdated 19d ago

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Wire

Top Midday Gainers

Astrotech (ASTC) shares soared 511% amid heavy trading after the company's board approved an initiative aimed at evaluating emerging opportunities associated with Moon-based quantum computing manufacturing.More than 113.6 million shares of the company traded intraday compared with a daily average of about 2.12 million.Q32 Bio (QTTB) said Wednesday it agreed to raise about $55 million through a private placement with institutional and accredited investors.Shares soared 70% amid a surge in intraday trading volume to over 18.0 million from a daily average of roughly 322,000.Dycom Industries (DY) reported fiscal Q1 adjusted net income and contract revenue above market expectations on Wednesday. It also increased the fiscal 2027 guidance for contract sales, beating consensus.Shares advanced 31% as intraday trading volume rose to over 861,000 from a daily average of about 439,000.Price: $547.30, Change: $+126.83, Percent Change: +30.16%

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Wire

Astrotech Shares Surge After Board Approves Initiative to Advance Quantum Computing Manufacturing

Astrotech (ASTC) shares were up 190% in Wednesday trading after the company's board approved a strategic initiative aimed at evaluating emerging opportunities associated with Moon-based quantum computing manufacturing.The initiative will focus on lunar resource development, autonomous lunar industrial infrastructure, and future Moon-based advanced computing and semiconductor manufacturing opportunities, the company said.The emerging opportunities include NASA's Artemis Program and the Commercial Lunar Payload Services program, Astrotech said.Price: $7.21, Change: $+4.74, Percent Change: +191.70%

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