It’s a win for Honeywell as the offering gives a valuation to a business that investors previously had to guess what it was worth.
Honeywell-backed Quantinuum saw shares jump as much as 19% to over $71 each in their Thursday debut. The quantum company’s stock closed well off those highs, up less than 1%, bringing the market cap to $15.66 billion. Roughly 28 million Quantinuum sh… [5701 chars]
Source: CNBC | Published: 2026-06-04T20:52:23Z
Credit: CNBC
