Hot Stocks Looking Strong into the Close- SYTA, NVTS, QBTS, IONQ, AAP, RGTI, and PONY
DENVER, Colo., May 22, 2025 (247marketnews.com)- As the market heads into the final hours of trading on Thursday, May 22, 2025, several stocks are showing notable momentum that could carry them into after-hours strength. This roundup of today’s top movers includes SYTA, NVTS, QBTS, IONQ, AAP, RGTI, and PONY.
🔥 Siyata Mobile Inc. (NASDAQ:SYTA) is experiencing a significant surge and this uptick appears to be driven by a short squeeze, as over 17% of the company’s float may have been sold short.
⚡ Navitas Semiconductor (NASDAQ:NVTS) hit a 52-week high. The surge follows the company’s announcement of a collaboration with Nvidia to provide advanced power solutions for data centers, highlighting the strategic significance of this partnership.
🧠 D-Wave Quantum (NYSE:QBTS) reached a new 52-week high, fueled by recent breakthroughs in quantum computing and blockchain technology advancements.
🔗 IonQ’s (NYSE:IONQ) stock also soared to a 52-week high, reflecting strong investor confidence. The company’s recent financial results, including a 102% year-over-year revenue growth, and strategic partnerships, such as a $54.5 million deal with the U.S. Air Force Research Lab, have contributed to this upward trajectory.
🛠️ Advance Auto Parts’ (NYSE:AAP) stock surged after reaffirming its full-year financial outlook, despite ongoing tariff pressures. The company’s strategic initiatives and measures to mitigate the impact of tariffs have bolstered investor confidence.
🧪 Rigetti Computing (NASDAQ:RGTI) is gaining attention on the heels of its recent Ankaa-3 quantum processor launch, achieving a 99.5% median two-qubit gate fidelity, has positioned it as a leader in the quantum computing sector.
🚗 Pony.ai (NASDAQ:PONY) advancements in autonomous vehicle technology and strategic partnerships contributed to this positive momentum.
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