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Xanadu shares have risen 225 per cent in the past three days as of 2 p.m. on Thursday — 51 per cent on Thursday — after Nvidia Corp. on Monday released a new series of open-so
Xanadu Quantum Technologies Ltd.’s XNDU-T ferocious stock market rally hit a breaking point Thursday – four of them, to be exact. Trading in the Toronto company was temporarily halted on the Toronto Stock Exchange four times Thursday by the Canadian Investment Regulatory Organization.
Xanadu Quantum Technologies XNDU shares jumped on Thursday. A sector-wide rally in quantum computing stocks was sparked by NVIDIA Corp.'s rollout of new open-source AI models tailored for quantum applications.
The stock just listed on March 27th, announcing its trading on Nasdaq and Toronto Stock Exchange under the ticker symbol "XNDU," following the completion of its previously announced business combination with Crane Harbor Acquisition Corp., a special purpose acquisition company.
That made Xanadu Canada’s fifth-most valuable publicly traded technology company, with a market capitalization of US$7.5-billion. Founder and chief executive officer Christian Weedbrook, who has 46.4 million multiple voting shares, is now a billionaire, though he has said he doesn’t pay much attention to the stock price.
This transaction provided Xanadu with approximately $302 million in gross proceeds, alongside negotiations for up to C$390 million in potential funding from the Government of Canada and the Government of Ontario,
TORONTO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, today announced it has signed a Memorandum of Understanding (“MoU”) with the Agency for Science, Technology and ...
The Canadian Press on MSN
Quantum computing firm Xanadu starts trading on TSX
TORONTO — A Canadian pioneer in quantum computing made its debut on the Toronto Stock Exchange on Friday.
What recent price moves suggest about sentiment Xanadu Quantum Technologies (TSX:XNDU) has seen its share price move sharply in the short term, with a 15.7% gain over the past day and a 7.3% rise over the past week,
TORONTO, March 10, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, today announced a major step forward in bringing quantum computing closer to real-world aerospace and engineering ...