Quantinuum slips premarket after $1.68 billion IPO debut
Quantinuum shares dropped 2.52% to $58.86 in premarket trading, slipping below their $60 IPO price after raising $1.68 billion in an upsized offering, as investors weigh early-stage financials—$5.2 million Q1 revenue against a $136.6 million net loss—and uncertainty over the company’s ability to turn quantum computing promise into repeatable commercial contracts.