Arqit Quantum Shares Up More Than 45% Wednesday

MarketWatch2021-09-08

Shares of quantum encryption technology company Arqit Quantum Inc. are higher on the Nasdaq Wednesday, the company's second day of trading on the exchange.

At 11:22 a.m. ET, the company's shares were trading 45.58% higher, at $16.45 a share. Volume at the time topped 7.2 million shares.

The stock closed Tuesday with a 35.33% gain, at $11.30 a share.

Earlier this month, Arqit Quantum closed its business combination with blank-check company Centricus Acquisition Corp.

Shares of the combined company trade under the symbol ARQQ.

Trading in the stock was paused earlier Wednesday due to volatility, but has since resumed.

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