Xanadu Quantum Technologies shares rocketed more than 22% midday Wednesday, pushing past $28 as momentum in the nascent quantum computing sector continued to build on artificial intelligence breakthroughs and investor excitement over scalable photonic hardware.
The stock, listed on NASDAQ under the ticker **XNDU**, traded at $28.06, up $5.16 or 22.53% by 12:47 p.m. EDT on April 22. Volume exceeded 4.3 million shares, far above the average, reflecting intense retail and institutional interest in one of the few pure-play quantum companies available to public markets.
