24H|Quantum Computing Stocks Jump, IONQ up 7%, RGTI and QUBT up 4%; Crypto Stocks Rise, Bitfarms up 10%, Upexi and BMNR up 4%; Novo Nordisk Jumps 4%

Tiger Newspress
09/18

Quantum computing stocks jumped in overnight trading. IONQ up 7%; RGTI, QMCO, QUBT rose 4%; ARQQ, SEALSQ up 3%.

Crypto stocks jumped in overnight trading. Bitfarms rose 10%; Bit Origin up 6%; Upexi, BMNR up 4%; Bullish up 3%; Circle, SBET up 2%.

Bullish swung to a profit in its first quarterly report after becoming a public company.

The cryptocurrency exchange, fresh off of its blockbuster initial public offering last month, posted a profit of $108.3 million, or 93 cents a share, for the quarter ended June 30. That is compared with a loss of $116.4 million, or $1.03 a share, in the same quarter a year earlier.

Stripping out one-time items, the company recorded an adjusted loss of $6 million, compared with an adjusted profit of $4.8 million in the year-earlier quarter.

Novo-Nordisk A/S jumped 4% in overnight trading after the experimental Wegovy pill showed a 16.6% weight-loss in a late-stage study, according to data published in The New England Journal of Medicine on Wednesday, which is comparable to previous trial results of injectable Wegovy.

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