🔴 Xanadu Quantum Technologies is trading 7% down in pre-market after its shareholder lockup expired

Xanadu Quantum Technologies is trading 7% down at $6.84 after its six-month shareholder lockup expired on September 22, 2026.

• The expiration allows early investors—including venture capital firms, pension funds, banks, and angel investors—to sell shares for the first time, creating potential additional supply and selling pressure.
• Recent collaboration and government-funding announcements provide positive longer-term context.
• No new earnings release or negative operational announcement was identified.