US Stock Market Move | IonQ Inc (IONQ.US) rose nearly 4%, surging 179% since October.

On Tuesday, IonQ Inc (IONQ.US) opened sharply higher, soaring 179% since October. As of the time of writing, it was up nearly 4% at $24.50. On the news front, IonQ recently announced several transactions to accelerate its presence in the field of quantum computing, as well as released better-than-expected performance guidance. In order to strengthen its commercial leadership position in the quantum networking field, IonQ reached a final agreement last Tuesday to acquire all operating assets of Qubitekk. This transaction is expected to enhance IonQ's customer base and quantum networking capabilities. Furthermore, looking ahead for the full year, IonQ expects revenue to be between $38.5 million and $42.5 million, higher than the company's previous forecast of $38 million to $42 million, as well as higher than the analyst average expectation of around $40.5 million. The company continues to expect orders to be between $75 million and $95 million.