Quantum Computing Inc.'s stock price soared 8.24% during intraday trading on Monday.

The surge follows the company's announcement that its management team is scheduled to participate in several high-profile investor conferences throughout June, including events hosted by Bank of America, Rosenblatt, and the Benchmark Quantum Computing Summit. This increased visibility and engagement with the investment community is viewed positively by the market.

Furthermore, the move represents a rebound from recent profit-taking, supported by the company's exceptionally strong first-quarter financial performance. Quantum Computing Inc. reported Q1 revenue of $3.69 million, which significantly exceeded analyst estimates and represented nearly 9,000% year-over-year growth. Additional policy tailwinds from a major U.S. quantum computing investment initiative have also provided a supportive backdrop for the stock's recovery.