Canadian Quantum Startup Xanadu Jumps 15% in Nasdaq and TSX Trading Debut

Canadian startup Xanadu Quantum Technologies rallied after a rocky start in public markets, closing its Nasdaq and Toronto Stock Exchange debut up 15%. The company, which builds photonic quantum computers, faced early turbulence before finishing the session higher amid volatile sentiment toward equities. [Instagram] Canadian quantum computing startup Xanadu closed its first day of trading on both Nasdaq and the Toronto Stock Exchange up 15%. The company, which builds photonic quantum computers, shrugged off early turbulence to finish the session higher. Quantum is officially public. [LinkedIn] Canadian startup Xanadu Quantum Technologies closed its dual Nasdaq and TSX trading debut up 15%, recovering from a volatile open. Xanadu builds photonic quantum computers and is among the first pure-play quantum companies to list publicly. The IPO provides a data point on public market appetite for quantum computing at a time when the sector is drawing significant enterprise and government attention.