Q/C Technologies shares surge 48.82% intraday after Martin Shkreli endorses as long-term investment, cites $100 price target.

Q/C Technologies (NASDAQ:QCLS) surged 48.82% intraday following Martin Shkreli’s endorsement of the photonic/optical computing company as a long-term investment. Shkreli, a former pharmaceutical executive, highlighted QCLS’s potential to outperform quantum computing firms through advancements in photonic technology, setting a $100 price target. He disclosed a substantial investment position in QCLS, with his partner joining the board and advising the company’s hardware development. Shkreli emphasized the company’s Israel-based partner’s data as superior to current quantum computing offerings and reiterated confidence in optical computing as the future of high-performance computing. His bullish stance, combined with the strategic board and investment alignment, drove significant investor interest, propelling the stock’s sharp intraday rally.