Quantum Corp's stock soared 11.21% during intraday trading on Monday, reflecting significant investor interest and market activity surrounding the company.

The surge comes as Quantum Corp is among several major companies expected to report earnings today, with traders positioning themselves ahead of the financial results announcement. Market anticipation of positive earnings performance appears to be driving investor sentiment.

Additionally, the company clarified that a recent notification of late filing (Form 12b-25) with the Securities and Exchange Commission does not expect to affect its preliminary Q4 FY2026 results, alleviating potential investor concerns about the filing delay.