NYSE:IONQTech
IonQ (IONQ) Closes SkyWater Deal, Is The Upside Already Priced In?
IonQ (IONQ) shares climbed about 9% after the company closed its roughly US$1.8 billion acquisition of SkyWater Technology, a US-based semiconductor foundry that will now operate as an IonQ subsidiary.
See our latest analysis for IonQ.
The SkyWater deal arrives during a mixed period for IonQ’s stock, with a 7 day share price return of 10.96% but a 30 day share price return that is down 29.11%. Over longer horizons, total shareholder return sits slightly lower over 1 year at a decline of...