Quantinuum IPO: Quantum Computing Company Debuts on Nasdaq with Strong Opening
Quantinuum, backed by Honeywell International (ticker: HON), made its public debut on the Nasdaq under ticker QNT. Shares initially surged over 19% but closed up less than 1%, valuing the company at $15.66 billion after a $1.68 billion fundraising. The IPO benefits Honeywell, which retains significant voting power despite not receiving shares for its own investors.
Tickers: $HON