Where Will IonQ Stock Be in 5 Years?
This early mover in the quantum market still has a bright future.
Overview
IonQ (NYSE: IONQ), a developer of quantum computers and cloud services, went public through a merger with a special purpose acquisition company (SPAC) nearly five years ago. Its stock opened at $10.60 on its first day of trading, but it now trades at around $40 per share.
Unlike other SPAC-backed start-ups that fizzled out, IonQ impressed the market with its competitive advantages and rapid growth. Will its stock keep rising over the next five years?
Image source: Getty Images.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.