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MARKETS-ECONOMIC TIMES · INDIAN ·

Honeywell's Quantinuum valued at $17.6 billion as shares rise in Nasdaq debut

As reported by Markets-Economic Times
Quantinuum shares jump 13.3% in their Nasdaq debut, valuing the Honeywell-backed quantum firm at $17.6 billion. Strong investor interest reflects optimism around quantum computing’s long-term potential, despite limited revenues and ongoing losses. The company raised $1.68 billion, though adoption challenges and revenue concentration remain key concerns for investors.
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