
QNT IPO Opens Strong But Ends Near IPO Price Amid Tech Selloff
QNT closed 60.38 on its Nasdaq debut, near the $60 IPO price after an early lift toward 68 and a peak near 71.35, as a broader tech slump pressured momentum. Retail traders on StockTwits swung to neutral from bullish, while IonQ rose about 4% and other quantum peers were mixed. Quantinuum raised $1.68 billion in its IPO by selling 28 million shares at $60; the company was formed from Honeywell Quantum Solutions and Cambridge Quantum, with government incentives in quantum tech shaping the backdrop.

