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A $1,000 investment in June's top quantum computing IPO is now worth

The article highlights Quantinuum’s post-IPO performance after launching on June 4 at $60 per share. The stock briefly traded as high as $68 on debut, later dipped, and by the July 10 pre-market was around $74 after a 0.67% extended-session gain from $73.51. That means a $1,000 investment at the IPO price would now be worth about $1,233.30, a gain of $233.30. Despite strong early returns and being up 30.66% from its day-one price, the shares are still 14.74% below their all-time high of $86.79. The piece also notes Wall Street remains constructive, with a strong-buy consensus and an average 12-month target of $98.75, implying further upside. The article frames Quantinuum as one of the more promising quantum computing equities, while cautioning that the sector has yet to deliver transformative commercial outcomes.

Category

SpaceX

Sentiment

Bullish

Event

Forecast

Reading time

1 min