Why Is IONQ Stock Trading Higher Today?

IonQ Inc. (NYSE:IONQ) shares are on the rise this Tuesday following the company’s acquisition of U.S. chip manufacturer SkyWater Technology Inc. (NASDAQ:SKYT) . The deal, valued at approximately $1.8 billion, was announced by SkyWater on Monday as part of IonQ’s efforts to enhance its quantum technology capabilities.Deal Structure And TermsIonQ agreed to buy SkyWater Technology for $35 per share. SkyWater shareholders will receive $15 in cash and $20 in IonQ stock for each share they own.After closing, SkyW ...