Qualigen (QLGN) Stock Rockets on Crypto Pivot – But Experts Warn It’s a Risky Bet
Stock Rally on Crypto News On Oct. 23, after the market close, Qualigen released a press statement announcing its BitGo partnership globenewswire.com stocktitan.net. In after-hours trading, that news sent QLGN skyrocketing: Benzinga reported a 62.6% jump after-hours (from $3.53 to about $5.74) benzinga.com. The frenzy continued into Oct. 24: TipRanks noted the stock was up more than 100% pre-market on Friday, reflecting a dramatic market reaction tipranks.com. By midday Friday the stock was trading in the $5–$6 range, roughly double its pre-news price. (For context, QLGN had been down roughly 16% year-to-date prior to the rally benzinga.com.) New Crypto Treasury