MIAMI, March 12, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs has launched IONX, the Defiance Daily Target 2X Long IONQ ETF, which is a 2X leveraged ETF focused on IonQ, Inc. (NYSE: IONQ). This ETF allows traders to aim for higher returns on IonQ without needing a margin account.
Shares of IonQ, a quantum computing company, saw an increase this morning after Rakuten Securities, a Japanese online brokerage, revealed in an SEC filing that it had bought 90,000 shares of IonQ.
Step aside, artificial intelligence (AI) -- quantum computing might be the most talked-about investment area this year.
IonQ is an important company in the field of quantum computing, working to create the foundation for future technologies, much like NVIDIA did. Even though major companies like Google, Microsoft, and Amazon lead the market, IonQ's unique position allows it to gain from their progress. Quantum computing is becoming a reality sooner than expected, making IONQ a risky but possibly profitable investment, particularly at its current price.
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ, Inc. (NYSE: IONQ), a top company in quantum computing and networking, has revealed that it has sold 16,038,460 shares of its common stock through its “at-the-market” equity offering program, raising about $372.6 million in total, with net proceeds around $360 million. The company believes it has gathered enough funds through this program to fulfill its current needs.
Since experiencing a huge rise last autumn, the stock of quantum computing firm IonQ (IONQ 0.34%) has dropped this year. Currently, the stock is still over 120% higher than it was a year ago, but it has fallen around 40% in 2025.
Quantum computing is a new technology that could tackle some of the world's toughest problems that current computers can't handle. However, creating quantum computers is difficult because of various challenges that affect their practical use. IonQ stands out as a leading company in this field, with a strong plan supported by its progress in quantum networking and a design that can grow.
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a top player in quantum computing and networking, has reached an important achievement in creating high-speed, mixed-species quantum logic gates for trapped-ion systems. This progress enhances the company's efforts in advancing scalable and high-quality quantum networking and distributed quantum computing. The results are shared in a new paper authored by IonQ scientists in collaboration with the Australian National University.
IonQ, Inc. (NYSE:IONQ) will be participating in the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2025, at 4:50 PM ET. The company will be represented by Niccolo de Masi, the President and CEO. Joseph Moore from Morgan Stanley will also be part of the conference call.
IonQ's shares dropped by 37.8% in February 2025, based on information from S&P Global Market Intelligence. The quantum computing company had a strong rise in fall 2024 due to a significant technological breakthrough by a bigger rival, but lost its momentum in January when the reality hit that practical quantum machines are still years away.