Why IonQ Stock Skyrocketed Today
IonQ (NYSE: IONQ) stock saw a massive rally in Tuesday's trading. The company's share price closed out the day up 20.2% in a session that saw the S 500's level climb 1.1% and the Nasdaq Composite's level rise 1.9%.
The quantum-computing specialist's valuation bump was partially driven by bullish momentum for the broader market, but there was also some very promising business-specific news. Despite today's big rally, IonQ stock is still down roughly 56.5% from the high it reached last year.
Image source: Getty Images.
Source Fool.com
