Quantum Computing Lower, Fiserv Jumps, Exelixis Soars

On this episode of Stock Movers:
- Quantum Computing (QUBT) an innovative, integrated photonics and quantum optics technology company, today announced that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 14,035,089 shares of common stock in a private placement at a purchase price of $14.25 per share.
- Fiserv (FI) shares rose as much as 4.5% after the financial-technology company said it plans to launch a stablecoin and platform for its clients. The new platform is slated to be compatible with other stablecoins and enable connection with the other 10,000 financial institutions and millions of merchant locations, according to the company’s press release
- Exelixis (EXEL) shares soars as much as 23% to the highest level since July 2000, after the maker of cancer drugs said topline data for its metastatic colorectal cancer treatment had met one of the dual primary endpoints in the intent-to-treat population.

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