Why IonQ Stock Soared Today
Shares of IonQ, Inc. (NYSE: IONQ), a quantum computing company, skyrocketed higher today after the company released its third-quarter 2021 results. Investors appear to be very happy that management raised IonQ's guidance for full-year bookings guidance for the second time in two months.
The tech stock was up by 35% as of 3:33 p.m. EST.
IonQ didn't list any revenue in the third quarter of last year -- the company just went public on Oct. 1 through a special purpose acquisition company (SPAC) merger -- and said that sales for for the third quarter of 2021 reached $0.2 million.
Source Fool.com