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IonQ Trading Volume Drops 63.99% to $78.5 Million Ranking 94th as Quantum Computing Acquisition Announced
Generated by AI AgentAinvest Volume Radar
Thursday, Jun 12, 2025 8:00 pm ET1min read
On June 12, 2025, IonQ's trading volume reached $78.5 million, a significant decrease of 63.99% compared to the previous day, ranking 94th in the day's stock market activity. IonQ's stock price fell by 2.49%, marking the third consecutive day of decline, with a total decrease of 3.37% over the past three days.
IonQ has announced its acquisition of Oxford Ionics for $1.08 billion. This strategic move aims to develop systems with 256 physical qubits, enhancing IonQ's technological capabilities and expanding its presence in the U.K. market. The acquisition is part of a broader consolidation in the
industry, with only $10 million of the deal being paid in cash.Niccolo de Masi, CEO of
, highlighted the significance of this acquisition in bolstering IonQ's technology base and strengthening its position in the quantum computing sector. The deal is expected to facilitate collaborative projects, including a partnership with NVIDIA, further advancing IonQ's innovative solutions in the field.
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