Xanadu Begins Nasdaq Trading Under Ticker XNDU

The Toronto-based quantum computing company said its shares started trading on the Nasdaq under the symbol XNDU.

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Terms & Concepts
  • Nasdaq: A U.S. stock exchange where technology and growth companies commonly list their shares.
  • SPAC: A special purpose acquisition company, a listed shell company used to take a private firm public through a merger.
  • Ticker symbol: A short code used to identify a publicly traded company’s shares on an exchange.