IonQ (IONQ) Stock Gains as SkyWater Shareholders Green-Light Acquisition
The post IonQ (IONQ) Stock Gains as SkyWater Shareholders Green-Light Acquisition appeared on BitcoinEthereumNews.com. Key Highlights SkyWater Technology shareholders have given the green light to the proposed merger with IonQ, marking a significant milestone in the acquisition process. Shares of IONQ advanced 3.27% on Friday, finishing at $49.24, with the stock’s 52-week trading range spanning from $25.89 to $84.64. Transaction completion is anticipated during the second or third quarter of 2026, subject to regulatory clearance and standard closing conditions. The quantum computing firm delivered record first-quarter 2026 revenues of $64.7 million and increased its annual revenue projections. Wall Street analysts maintain a Moderate Buy rating on IONQ, with a consensus price target of $60.86, suggesting approximately 23% potential appreciation. IonQ’s strategic acquisition of semiconductor foundry SkyWater Technology advanced significantly this week after SkyWater shareholders cast th