Why IonQ Stock Skyrocketed 39.7% Last Month

Shares of IonQ (NYSE: IONQ) gained 39.7% in February, according to data from S&P Global Market Intelligence. The stock soared following news that the quantum-computing company had made a new breakthrough stemming from its partnership with Duke University.

IonQ published a press release on Feb. 10 announcing that it had invented a new quantum computing operation in conjunction with the Duke Quantum Center. The share price bounced back after suffering a 31.5% sell-off in January.

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Source Fool.com