IonQ Stock Drops 9% on $1.3 Billion Elisity Deal as Share…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
IonQ (NYSE: IONQ) has agreed to acquire cybersecurity company Elisity in an all-stock transaction valued at up to $1.3 billion, its second billion-dollar-plus acquisition announced this year after the $1.8 billion SkyWater Technology deal. IonQ stock fell 9.34% to $36.19 as of 2:54 p.m. EDT on Monday, October 12, extending a much smaller premarket decline. Shares closed Friday at $39.89. The annou…