IonQ (IONQ) Stock: Plunges 8.74% to $36.40 Despite $1.3 Billion Elisity Acquisition Deal

TLDR IonQ stock plunges 8.74% to $36.40 despite announcing a $1.3 billion acquisition. IonQ agrees to acquire Elisity to expand its quantum cybersecurity operations. The all-stock Elisity deal includes up to $150 million in performance-based payments. Elisity brings over 100 global deployments and strong enterprise security demand. IonQ targets a $10 billion cybersecurity market as [...]

The post IonQ (IONQ) Stock: Plunges 8.74% to $36.40 Despite $1.3 Billion Elisity Acquisition Deal appeared first on Blockonomi.