India, Oct. 12 -- Shares of IonQ Inc. (IONQ) are falling 9% after the company announced an agreement to acquire cybersecurity firm Elisity in an all-stock transaction valued at up to $1.3 billion, aiming to expand its zero-trust security offerings for enterprise and government customers.
The stock is currently trading at $36.20, down $3.69 or 9.25%, on the NYSE. It opened at $38.79 after closing the previous session at $39.89. The stock has traded between $25.89 and $84.64 over the past 52 weeks.
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