Why IonQ Stock Jumped 21% Today [Yahoo! Finance]
IonQ, Inc. (IONQ)
Company Research
Source: Yahoo! Finance
Air Force Research Lab. In response, the market bid the stock sharply higher. As of 10:42 a.m. ET, it had soared by 21%. The $54.5 million award will see IonQ partner with the Air Force Research Lab "to design, develop, and deliver technology and hardware that enables the scaling, networking, and deployability of quantum systems" over the next four years. What the Air Force wants from IonQ IonQ's press release was rather short on details about the contract, saying only that the Air Force Research Lab wants to integrate "quantum networking" with "existing telecommunications infrastructure," and also make quantum systems interoperable with each other. The company was much more specific on how the deal helps it out financially. "With a quarter remaining in the fiscal year, IonQ has announced $72.8 million in bookings year-to-date," said the company, and it's confident that it's on course to meet or exceed its 2024 bookings guidance range of $75 million to $95 million. Assuming it
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IONQ
News
- Why Is IonQ Stock Trading Higher On Friday? [Yahoo! Finance]Yahoo! Finance
- IonQ bags $54.5M contract with U.S. Air Force Research Lab [Seeking Alpha]Seeking Alpha
- IonQ Announces Largest 2024 U.S. Quantum Contract Award of $54.5M with United States Air Force Research LabBusiness Wire
- IonQ (IONQ) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]Yahoo! Finance
- Here is Why Jim Cramer Can't Recommend IONQ Inc (NYSE:IONQ) [Yahoo! Finance]Yahoo! Finance
IONQ
Earnings
- 8/7/24 - Beat
IONQ
Sec Filings
- 9/13/24 - Form 4
- 9/13/24 - Form 4
- 9/13/24 - Form 4
- IONQ's page on the SEC website