Why Infleqtion Stock Keeps Going Up
Yesterday, as you've probably heard, The Wall Street Journal reported on a Trump Administration plan to award $2 billion in grants to nine quantum computing companies -- recent SPAC IPO Infleqtion (NYSE: INFQ) among them -- and to take equity stakes in the companies. Infleqtion started moving one day before the announcement, then rocketed higher yesterday -- and higher again today.
Up 18.7% through 11:30 a.m. ET, Infleqtion shares have gained 64% in just three days of trading, and investors are wondering: Is any price too high for this quantum computing stock?
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Source Fool.com
