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Craig-Hallum Initiates Quantinuum at Buy With $100 Price Target
$QNT
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Quantinuum (QNT) shares rose 12% to $67.49 in their Nasdaq Global Market debut on Thursday.The stock opened at $68 and traded as high as $71.35 after the initial public offering of 28 million shares was priced at $60 each.Underwriters have a 30-day option to purchase up to an additional 4.2 million shares.The offering is expected to close Friday.Price: $67.49, Change: $+7.49, Percent Change: +12.48%