🔴 Xanadu Quantum Technologies is trading 5% down today after 255 million shares became tradable

Xanadu Quantum Technologies is trading 5% down at $5.49 as selling pressure continues after its September 22, 2026 lockup expiration.

• The 180-day post-IPO restriction released approximately 255 million shares, substantially increasing freely tradable supply.
• Coverage linked the expiration to the prior session’s sharp decline. No new company announcement or earnings catalyst was identified for September 23, 2026; broader markets are only modestly lower.