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Xanadu Quantum Technologies Ltd (NASDAQ:XNDU) shares are trading higher on Thursday. The Nasdaq is down 0.12% while the S&P 500 has shed 0.19%.
• Xanadu Quantum stock is surging to new heights today. What’s driving XNDU stock higher?
Recovery Following Monday’s Plunge
On Monday, shares plummeted over 65%. That decline came after the company filed a registration statement with the U.S. Securities and Exchange Commission.
The stock is now attempting to recoup those heavy losses. Traders are watching for stabilized momentum after the heavy dilution fears cooled.
Details Of The Resale Filing
The filing …
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