Reported 1 day ago
IonQ, Inc. (NYSE: IONQ) reached a new peak price on Friday after the UK government approved its $1 billion acquisition of Oxford Ionics. The stock climbed to a 52-week high of $56.07 before finishing the day 18.19% up at $55.61. This acquisition is expected to enhance IonQ's capabilities in quantum computing, particularly in controlling qubits, with Oxford Ionics' founders remaining on board post-merger.
Source: YAHOO