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IonQ shares fall 10% following announcement of Elysium acquisition

Nasdaq +2 ·

IONQ
IONQ IonQ Inc
$34.73 -4.25%
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  1. 1IonQ announced a $1.3 billion acquisition of Elysium through an all-stock transaction.
  2. 2IonQ shares fell 10% as of noon Eastern Time.
  3. 3IonQ's total market capitalization decreased by $1.45 billion.

So what's the key point?

IonQ announced it is acquiring Elysium. The stock price fell 10% following this news.

Source Nasdaq +2 · View original ↗

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