NEW YORK, Jan 4, 2026, 13:24 ET — Market closed
- Quantum Computing Inc. shares closed up 7.3% on Friday, outpacing broader tech into the weekend.
- Attention turns to CES 2026 demos on Jan. 7–8 and a bankruptcy-court timeline for the company’s planned $110 million Luminar Semiconductor deal. Quantumcomputinginc
- Monday’s ISM manufacturing PMI at 10:00 a.m. ET is the first major U.S. risk-sentiment test of the week. Investing
Shares of Quantum Computing Inc. rose 7.3% on Friday to $11.01, ending the week higher as U.S.-listed quantum names rebounded. The Invesco QQQ Trust, a Nasdaq 100 proxy, slipped about 0.2% on the day.
Why it matters now: traders head into Monday with CES 2026 days away, a rare near-term stage for a company in a sector better known for long timelines and thin revenue. Quantum Computing has said it will run live demonstrations at CES Foundry on Jan. 7–8 in Las Vegas. Quantumcomputinginc
The company also has a deal clock running. Quantum Computing has agreed to acquire Luminar Semiconductor for $110 million in cash, a transaction that requires bankruptcy-court approval that both companies said they expect by the end of January. Quantumcomputinginc
Quantum Computing traded between $10.23 and $11.06 on Friday on volume of about 16.6 million shares, according to market data. Peers IonQ, Rigetti Computing and D-Wave Quantum also finished higher, gaining about 4.3%, 6.6% and 7.6%, respectively.
At CES, Quantum Computing said it will show “live demos” aimed at tasks like route optimization and financial modeling — problems where systems try to sift through many combinations to find better outcomes under constraints. “People hear ‘quantum’ and think it belongs in a lab,” Chief Executive Yuping Huang said in the CES announcement. Quantumcomputinginc
The Luminar Semiconductor deal adds a separate catalyst tied to the courts. Quantum Computing said it would be the “stalking horse” bidder — the initial bidder that sets a floor price — in a bankruptcy-related sale process under Section 363, a court-supervised mechanism for selling assets in Chapter 11 cases. Quantumcomputinginc
Fundamentals remain the pressure point. In its latest quarterly update, Quantum Computing reported revenue of about $384,000 for the third quarter, while operating expenses were $10.5 million; net income was helped by a $9.2 million mark-to-market gain on a derivative liability and $3.5 million of interest income, the company said. Quantumcomputinginc
But the upside case depends on follow-through that markets cannot yet see: demos turning into repeat orders, and a smooth close-and-integration of Luminar Semiconductor while retaining its customer base. Macro conditions matter too — Philadelphia Fed President Anna Paulson said on Saturday that another U.S. rate cut “could take a while,” a message that can weigh on high-volatility, long-duration tech trades. Reuters
The next catalyst is Monday’s ISM manufacturing PMI report at 10:00 a.m. ET, followed by CES events starting Jan. 6, with Quantum Computing’s CES Foundry demonstrations slated for Jan. 7–8. Investors will also track any bankruptcy-court milestones tied to the Luminar Semiconductor sale timeline, and the next Fed meeting on Jan. 27–28. Federal Reserve
For the stock, the immediate tells are technical and news-driven: whether QUBT holds above Friday’s $10.23 intraday low and can clear the $11.06 high as CES headlines hit. Traders will be looking for specifics — customer names, order sizes, and timelines — rather than another week of momentum trading. Quantumcomputinginc
