Why IonQ Stock Jumped 21% Today

The quantum computing specialist is a growth company with a big new military contract -- but a history of growing losses. On Friday morning, IonQ (IONQ 21.59%) announced that it had landed a new quantum computing contract from the U.S. Air Force Research Lab. In response, the market bid the stock sharply higher. As of 10:42 a.m. ET, it had soared by 21%. The $54.5 million award will see IonQ partner with the Air Force Research Lab "to design, develop, and deliver technology and hardware that enables the sca ...