IonQ Falls 6% as $2B Equity Offering Follows $1.3B Elisity Stock Deal; D-Wave and Rigetti Retreat 4%
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The post IonQ Falls 6% as $2B Equity Offering Follows $1.3B Elisity Stock Deal; D-Wave and Rigetti Retreat 4% appeared first on 24/7 Wall St..
IonQ (NYSE:IONQ) stock is trading at $32.76, down 6%, after the quantum company priced a $2 billion equity offering. Its raise arrives days after IonQ agreed to buy cybersecurity company Elisity in an all-stock deal worth up to $1.3 billion, so shareholders are absorbing two rounds of fresh equity in quick succession.
Meanwhile, D-Wave Quantum (NASDAQ:QBT
IonQ (NYSE:IONQ) stock is trading at $32.76, down 6%, after the quantum company priced a $2 billion equity offering. Its raise arrives days after IonQ agreed to buy cybersecurity company Elisity in an all-stock deal worth up to $1.3 billion, so shareholders are absorbing two rounds of fresh equity in quick succession.
Meanwhile, D-Wave Quantum (NASDAQ:QBT
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