Arqit Quantum Inc. is trading 5.1% up at $14.29 in pre-market, extending its sharp rebound from the June 5 selloff as broader markets shift into a risk-on stance.
- The upward momentum follows reports of a tentative U.S.–Iran peace agreement and lower oil prices, which are providing a tailwind for growth and technology stocks.
- The move occurs on no fresh company-specific news, suggesting the gain is driven by macro sentiment and positive U.S. futures.
- Shares continue to recover ground after significant volatility earlier in the month.