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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. 

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Source Fool.com

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