Streetbeat News

IONQ

IonQ, Inc.

https://www.ionq.com

Industry

Computer Hardware

IonQ, Inc. engages in the development of general-purpose quantum computing systems. It sells access to quantum computers with 20 qubits. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. IonQ, Inc. was founded in 2015 and is headquartered in College Park, Maryland.

Open

26.29

Mkt cap

6.3B

Volume

37M

High

29.48

P/E Ratio

-35.54

52-wk high

29.48

Low

25.03

Div yield

N/A

52-wk low

6.22

Shares of quantum computing company IonQ Inc are trading lower after the company announced that its co-founder and chief science officer Chris Monroe will step down from his role at the company to return to academic, research and policy pursuits at Duke University. IonQ shares are up approximately 266% since the start of the year, but were down 14.2% at the time of publication.

Portfolio Pulse from Adam Eckert

October 24, 2023 | 12:48 pm

Several stocks are experiencing significant pre-market trading movements. AERWINS Technologies Inc. (AWIN), Ascent Solar Technologies, Inc. (ASTI), WiSA Technologies, Inc. (WISA), Lytus Technologies Holdings PTV. Ltd. (LYT), LM Funding America, Inc. (LMFA), Soluna Holdings, Inc. (SLNH), Organovo Holdings, Inc. (ONVO), Argo Blockchain plc (ARBK), CleanSpark, Inc. (CLSK), and Logitech International S.A. (LOGI) are among the gainers. LumiraDx Limited (LMDX), Markforged Holding Corporation (MKFG), XORTX Therapeutics Inc. (XRTX), TC Biopharm (Holdings) Plc (TCBP), IonQ, Inc. (IONQ), The Alkaline Water Company Inc. (WTER), SeaStar Medical Holding Corporation (ICU), Alaunos Therapeutics, Inc. (TCRT), Harpoon Therapeutics, Inc. (HARP), and INVO Bioscience, Inc. (INVO) are among the losers.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 11:31 am

Several big stocks recorded losses in Tuesday's pre-market trading session. TrueBlue shares declined 19.5% due to weaker-than-expected Q3 results. IonQ shares dipped 15.3% following the announcement of the departure of its Chief Science Officer. AGNC Investment Corp shares fell 9.1% after reporting preliminary Q3 estimates. VMware shares declined 5.4% after a 3% gain on Monday. Barclays shares fell 4.6% after reporting Q3 results. FMC Corporation shares declined 4% after a downgrade by B of A Securities and Goldman Sachs. Sealed Air Corporation shares fell 3.2% after the CEO stepped down. Cadence Design Systems shares fell 2.9% after reporting Q3 results and issuing guidance.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 10:03 am

In Monday's after-market session, several information technology stocks saw significant movement. Gainers included Ascent Solar Technologies (ASTI), Agilysys (AGYS), WiSA Technologies (WISA), TeraWulf (WULF), Indie Semiconductor (INDI), and MicroCloud Hologram (HOLO). Losers included Oblong (OBLG), Tempo Automation Holdings (TMPO), MicroAlgo (MLGO), E2open Parent Holdings (ETWO), MMTEC (MTC), and IonQ (IONQ).

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 9:31 pm

Technology and software stocks are trading lower due to rising Treasury yields, which have negatively impacted growth stocks.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 7:16 pm

IonQ, Inc. (NYSE:IONQ) shares are trading higher after the company announced a $25.5 million quantum deal with the U.S. Air Force Research Lab. The deal is to deploy two barium-based trapped ion quantum computing systems for quantum networking research and application development. This follows a deal announced a year ago between the two organizations. The company also reached a record-setting $28 million in bookings in the second quarter.

Portfolio Pulse from Ryan Gustafson

September 28, 2023 | 7:40 pm

IonQ has announced a $25.5 million quantum deal with the US Air Force Research Lab, leading to a rise in its stock prices.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:00 pm

Quantum computing company IonQ (NYSE:IONQ) has announced a $25.5 million deal with the Air Force Research Lab (AFRL) to deploy two barium-based trapped ion quantum computing systems for quantum networking research and application development. This deal comes a year after a similar agreement and will further enhance AFRL's research mission. The announcement follows increased support from the U.S. federal government for the development of quantum technology.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 3:23 pm

IonQ, Inc. (NYSE:IONQ) shares are trading higher after the company unveiled its two new rack-mounted quantum computer systems, the IonQ Forte Enterprise and the IonQ Tempo, for enterprise data centers. The new systems are designed for complex computational problems and far exceed the capabilities of classical computers and GPUs. IonQ stock has significant short interest with 16.45% of IONQ shares being sold short.

Portfolio Pulse from Erica Kollmann

September 27, 2023 | 5:17 pm

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