NEW YORK, January 10, 2026, 13:11 EST — Market closed
- Shares of Quantum Computing Inc fell 1.8% on Friday, erasing gains from an earlier rally that day
- Investors are balancing the impact of CES marketing efforts with a $110 million Luminar Semiconductor deal awaiting court approval
- The next big macro hurdle for rate-sensitive, high-beta tech stocks is the U.S. CPI data set for Jan. 13
Shares of Quantum Computing Inc (QUBT) slipped 1.8% on Friday, closing at $11.72, then held steady in after-hours trading as quantum computing stocks cooled off heading into the weekend. (StockAnalysis)
The Nasdaq-listed firm grabbed attention at CES this week, hosting a booth at CES Foundry on Jan. 7-8 and presenting during a “Beyond the Hype” quantum session earlier in the event. (Quantum Computing Inc.)
The retreat happened even as broader U.S. stocks climbed, following data that revealed a sharp slowdown in job growth for December and a dip in the unemployment rate to 4.4%. This bolstered bets that the Federal Reserve will hold interest rates steady at its meeting later this month. (Reuters)
On Friday, Quantum Computing’s shares fluctuated from $11.65 up to $12.67, with roughly 17.4 million shares traded, per market data.
Action wasn’t limited to QUBT. IonQ dropped 2.0% from the previous close, Rigetti slipped 2.1%, and D-Wave lost roughly 4% in late Friday trading.
Rigetti added fresh headline risk for the sector on Friday by pushing back the general release of its 108-qubit Cepheus-1-108Q system to roughly the end of Q1. “We are taking more time to test and optimize the system,” CEO Dr. Subodh Kulkarni said in a statement. (GlobeNewswire)
Quantum Computing is taking a different approach by focusing on quantum photonics — hardware leveraging photons, or light particles, to perform specific calculations. “When people hear ‘quantum,’ they assume it’s confined to a lab,” said chairman and CEO Dr. Yuping Huang ahead of CES. (Quantum Computing Inc.)
Just off the show floor, a more immediate trigger is taking shape. Quantum Computing has struck an all-cash deal worth $110 million to acquire Luminar Semiconductor, a division of Luminar Technologies. The purchase hinges on bankruptcy court approval through a Section 363 sale process, which the company anticipates securing by the end of January 2026. (Quantum Computing Inc.)
Quantum Computing’s shares continue to show high volatility, with some gaps left on the earnings calendar. MarketBeat estimates the company’s next earnings report will drop on March 19. Its most recent quarterly revenue came in around $0.38 million. (MarketBeat)
Friday’s $11.65 low stands as a key short-term threshold for traders, with $12.67 representing the initial price bulls need to reclaim by the close. High volume could push the move either way.
The next major macro event is just around the corner: the Labor Department will publish the December consumer price index Tuesday at 8:30 a.m. ET. (Bureau of Labor Statistics)
Markets reopen Monday, with investors eyeing any signals from CES. The bigger focus will be on developments in the Luminar court schedule, especially ahead of the Federal Reserve’s Jan. 27-28 meeting. (Federalreserve)
