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Henry Khederian

Quantum Computing (QUBT) Shares Slide Following $200M Private Placement Announcement

QUBT Quantum Computing Quantum Computing Inc

Advanced,Quantum,Computing,Data,On,Computer,Screen.,Close,Up,On

Shares of Quantum Computing Inc (NASDAQ:QUBT) shares are trading lower by 9.16% to $17.15 on Monday afternoon after the company announced a $200 million private placement.

What To Know: The quantum photonics and optics firm disclosed it had entered into securities purchase agreements with institutional investors to sell approximately 14 million shares of common stock at $14.25 per share.

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