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NASDAQ:XNDQ 21 May 2026

Xanadu Jumps on $300 Million Capital Plan

Xanadu Jumps on $300 Million Capital Plan

Xanadu shares rose as much as 8.9% Thursday after the Toronto company announced a $300 million equity facility and a quantum algorithm update. The Nasdaq-listed stock traded at $15.39, up $1.26, on volume of 3.1 million shares. The facility allows Xanadu to sell Class B shares over three years but does not require it. The announcement followed a sector rally sparked by new U.S. quantum funding.
21 May 2026
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Stock Market Today

  • Arm Stock Jumps as Bernstein Sets $300 Price Target, Highlights CPU Innovation
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Xanadu Jumps on $300 Million Capital Plan

Xanadu Jumps on $300 Million Capital Plan

21 May 2026
Xanadu shares rose as much as 8.9% Thursday after the Toronto company announced a $300 million equity facility and a quantum algorithm update. The Nasdaq-listed stock traded at $15.39, up $1.26, on volume of 3.1 million shares. The facility allows Xanadu to sell Class B shares over three years but does not require it. The announcement followed a sector rally sparked by new U.S. quantum funding.
GlobalFoundries shares jump after U.S. quantum funding news

GlobalFoundries shares jump after U.S. quantum funding news

21 May 2026
GlobalFoundries shares surged 12.7% to $79.75 after the company announced a $375 million letter of intent from the U.S. Department of Commerce to support quantum-chip manufacturing. Trading volume topped 3.4 million shares by mid-morning. The company also launched Quantum Technology Solutions and will pay its first quarterly dividend on July 14. The Nasdaq fell 0.4% in early trading.
Mister Car Wash Stock Drops Off Nasdaq After $3.1 Billion Deal

Mister Car Wash Stock Drops Off Nasdaq After $3.1 Billion Deal

21 May 2026
Mister Car Wash shares have stopped trading after Leonard Green & Partners closed its $3.1 billion take-private deal. Public shareholders will receive $7.00 per share in cash; the stock last traded at $7.10 on May 19. The company will be delisted from Nasdaq and has been removed from the S&P SmallCap 600, replaced by F&G Annuities & Life.
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