IonQ Stock Trading Guide: How to Trade IONQ Share Price

Amidst all of the fascinating and captivating technological advancements, quantum computing is arguably one that stands out most.

While this type of technology is still in its infancy and might take years to achieve, there are distinct companies involved that both traders and tech fanatics should keep in mind, and IonQ is one of them.

In this article, we'll discuss IonQ, IonQ stock, and how to trade IonQ share price with Plus500.

Let's get started:

TL;DR

• Quantum Computing uses quantum mechanics to solve complex problems far beyond the scope of classical computers.
• IonQ was established in 2015 and uses trapped ion architecture in quantum computing.
• IonQ is supported by Amazon, Google Ventures, Airbus, Samsung, and others.
• IonQ went public on the NYSE in 2021.
• Plus500's IonQ CFDs allow the trading of IonQ price movements with leverage without owning the stock.

What Is Quantum Computing?

To fully understand what IonQ is, it is crucial to familiarise yourself with quantum computing.

In simple terms, quantum computing stems from computer science and uses quantum mechanics to solve advanced and complex problems. This type of technology aims to outperform classical computers, creating a supercomputer with advanced and powerful capabilities.

This field's importance can be seen with big tech companies like Microsoft, IBM, Alphabet, and Amazon joining and supporting companies like IonQ and Rigetti. Furthermore, quantum computing is projected to become a $1.3 trillion industry by 2035.

What Is IonQ?

Founded in 2015 by Duke University Jungsang Kim and Christopher Monroe, and based in College Park, Maryland, IonQ is a quantum computing company that offers hardware based on trapped ion (charged atomic particles) architectures.

IonQ Milestones

• 2015-2018: IonQ raised $2 million from Amazon Web Services (AWS), Google Ventures, and New Enterprise Associates (NEA).
• 2019: IonQ raised $55 million from Samsung, Airbus Ventures, Bosch, Lockheed Martin, and Mubadala, among others. Moreover, its quantum computers were made available to the public through many big tech companies.
• 2021: IonQ became publicly-listed on the New York Stock Exchange (NYSE).
• 2024: IonQ opened its first quantum computing research and development (R&D) factory in the US.

IonQ Price History

• 28 December 2022: IonQ fell to $3.04 on hawkish Fed rates and weak investor sentiment.
• 5 August 2024: IonQ hit a 52-week low of $6.22 as analysts downgraded its price target.
• 7 January 2025: IonQ hit an all-time record high of $54.74 on positive market sentiment.

What does the future hold for this cutting-edge company? Only time will tell.

Trading IonQ with Plus500: What Is IonQ Stock?

For those interested in gaining exposure to the rising and falling prices of IonQ without needing to actually own the company as an underlying asset, trading it with Plus500's IonQ contracts for difference (CFDs) may be a viable option.

With CFDs, traders can go long and short by speculating on IonQ share prices, using leverage, which amplifies the gains and losses.

You can read more about CFD trading in our article titled "What Is CFD Trading?"

Conclusion

As the world increasingly shifts towards embracing next-gen technologies, quantum computing sits at the forefront of innovation, and IonQ is one of its boldest players.

With strong backing from major tech giants and a growing list of milestones, IonQ may be positioning itself as a key contender in a trillion-dollar industry.

Whether you're a trader looking to gain exposure to market movements or a tech enthusiast excited by the future of computing, keeping IonQ on your radar might be a smart move.

Platforms like Plus500 offer accessible ways to trade IonQ shares through CFDs, giving investors the flexibility to speculate on price movements without owning the stock directly.

Ready to trade IonQ CFDs? Start now!