IonQ (IONQ) Surges 20.5%: Is This an Indication of Further Gains?

IonQ, Inc. (IONQ) shares soared 20.5% in the last trading session to close at $9.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 10.1% gain over the past four weeks. The uptrend in share price was primarily attributable to a $54.5 million contract from the United States Air Force Research Lab (AFRL). This is reportedly the largest quantum contract secured by IonQ in 2024 as it remains confident of meeting or exceeding its boo ...