Honeywell International

Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO

Quantinuum Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, June 4, 2026. Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering, demonstrating growing investor enthusiasm for the emerging technology.

Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO

Quantinuum Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, June 4, 2026. Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering, demonstrating growing investor enthusiasm for the emerging technology.

Honeywell’s quantum company goes public. What investors should know about the IPO

Honeywell-backed Quantinuum saw shares jump as much as 19% to over $71 each in their Thursday debut. The quantum company's stock closed well off those highs, up less than 1%, bringing the market cap to $15.66 billion. Roughly 28 million Quantinuum shares were priced at $60 apiece Wednesday night, above its previous expected range of $53 to $55.

As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth

SCOTTSDALE, ARIZONA — For Honeywell Aerospace CEO Jim Currier, it's time to show investors what his company can do as a standalone business. "We have a purpose-built management team just solely focused on one strategy, one mission as opposed to disparate missions of a conglomerate," Currier told CNBC at his company's investor day.

Quantinuum Is Said to Weigh Boosting IPO Size and Price Range

Here are the 4 big things we're watching in the stock market in the week ahead

Earnings season isn't over just yet. Plus, there are plenty of other important updates coming our way this week, from influential tech conferences to jobs data and spin-off milestones. Let's dive into it all.