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Quantum Computing Stock Rallies on Billion Dollar Move
Schaeffers Investment Research·2025-06-09 14:51

Group 1 - IonQ Inc announced the acquisition of Oxford Ionics for $1.075 billion in a cash-and-stock deal, resulting in a 4.1% increase in its stock price to $40.61 [1] - The stock had previously reached a record high of $54.68 on January 7, but has since cooled off, with a current year-over-year increase of 409%, although it is down 4.4% for 2025 [2] - There is significant short interest in IonQ, with 40.33 million shares sold short, representing 16.9% of the available float, indicating potential for a short squeeze [3] Group 2 - Options trading activity has surged, with 27,000 calls traded today, which is double the typical volume, compared to only 4,543 puts, indicating bullish sentiment [4] - The most active options contract is the weekly 6/13 42-strike call, with positions being sold to open [4]