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NASDAQ:IQMX 3 July 2026

IQM Quantum Computers ADS debut puts Finnish quantum stock near $3.5 billion before U.S. holiday pause

IQM Quantum Computers ADS debut puts Finnish quantum stock near $3.5 billion before U.S. holiday pause

IQM Quantum Computers Oyj starts its first U.S. market holiday as a public company with one clean number for investors: Thursday’s $13.36 ADS close values the listed share base at about $3.51 billion. That is almost twice the roughly $1.8 billion pre-money equity value stated in May transaction filings. It is also about 97 times IQM’s audited 2025 revenue of 31 million euros, or $36 million. The gap matters because the public market is giving IQM a quantum peer multiple before the company has built a long record as a listed issuer.
3 July 2026
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Stock Market Today

  • Sivers Semiconductors (SIVE) Bounces to SEK 57 After SEK 700 Million Share Sale, Volume Jumps
    July 3, 2026, 6:59 AM EDT. Sivers Semiconductors is back near its SEK 57 issue price after raising SEK 700 million in a directed share sale, which comes to more than 11 times its Q1 net sales. Turnover spiked too-volume hit 3.1 times the size of the new equity, much higher than the 3.3% dilution from the deal. The money is earmarked for expanding InP laser output and could support a possible U.S. listing. Q1 was weak though, with revenue down 22% and negative operating cash flow at SEK 49.2 million, leaving investors to focus on whether those sales will materialize, not just on the company's cash buffer. Sivers also flagged a $799 million pipeline, up 77% for the year, touting room for growth even with tough market pressure.
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