Published on 7 Nov 2024 on Benzinga
IonQ Stock Is Soaring Thursday: What's Going On? - IonQ (NYSE:IONQ)
IonQ Inc.‘s IONQ shares are barreling higher Thursday after the company reported better-than-expected third-quarter results and announced a series of partnerships. Multiple analysts raised price targets following the print, which appears to be adding to the upward momentum. Here’s what you need to know.
What To Know: IonQ reported third-quarter revenue of $12.4 million, beating analyst expectations of $10.56 million. The company posted a loss of 24 cents per share, versus an expected loss of 21 cents per share, according to Benzinga Pro.