Quantum computing stocks tumble ahead of Quantinuum IPO
Quantum computing stocks tumbled ahead of Quantinuum's Nasdaq IPO. Quantinuum, majority-owned by Honeywell, is set to price its IPO between $53-$55, raising ~$1.46B with a potential valuation of $14.3B. Meanwhile, peers like Arqit (-8%), Infleqtion (-9%), Rigetti (-7%), D-Wave (-6%), and Quantum Computing (-6%) saw significant declines.
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