Off goes IONQ. The stock popped today. A closer look at what's happening:

Shares of IonQ Inc (IONQ) are trading 25% higher at a price of $7.94 at the time of this writing. The stock is outperforming peers, in what has been a depressing start to the day for the Information Technology sector.

The stock is most likely moving on a strong earnings report, showing an increase in bookings and a slow and steady march up and to the right in revenue. The company represents the cutting edge of quantum tech, but shows promise for an industry in it's infancy.

IonQ Inc has been trading between a 52-week high of $35.9 and a 52-week low of $4.16. The stock has a market cap of $1.57 Billion.

IonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. IonQ’s next-generation quantum computer is the world’s most powerful trapped-ion quantum computer, and IonQ has defined what it believes is the best path forward to scale.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Therealskeetskeet - 5 upvotes - source
IONQ - quantum computers will be big. I watched Devs

Cramer4President - 4 upvotes - source
Massive earnings from IONQ. Who the fuck is in ?

gadzsika - 3 upvotes - source
I am heavily invested on IONQ unfortunately my avg is $8.29, and I can’t lower it because I’m balls deep in bbby. I hope this company gets shorted to oblivion so I can stack up more shares and we’ll see a short squeeze next year.

DovahkiinAF - 3 upvotes - source
you could buy synthetic biotech (DNA) or quantum computing (IONQ), but you picked “dying brick-and-mortar bathroom store” 🤡

Bulky-Significance18 - 1 upvotes - source
IONQ picking up before earnings

Bulky-Significance18 - 1 upvotes - source
IONQ up 11% in AH

Ok-Savings2625 - 1 upvotes - source
And just a few months ago FUD articles were coming out bashing ionq for promoting fake quantum.

ionfilm - 0 upvotes - source
I plan to Sell my IONQ Aug $7.50 Call Option for a 200% gain today since they beat analysts' 2Q Rev. Est. handily yesterday, making the stock jump up After Hrs past $7.00