Shares of Quantinuum rose 13.3 per cent in their Nasdaq debut, fetching a valuation of $17.63 billion as Honeywell’s quantum computing company became the latest to benefit from robust investor demand.
The stock opened at US$68, compared with its IPO price of US$60.
Breakthroughs in the fast-growing technology have spurred bets that quantum machines could eventually outperform conventional computers on certain complex tasks. Quantinuum, like its rival IonQ, makes machines …
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