Double Digit Gains: 10 Stocks Soaring Like Crazy

Ten companies ended the trading session on a strong note, soaring by double digits, with general optimism buoyed by President Donald Trump’s trade deal with Vietnam.

Meanwhile, Wall Street indices finished mixed, with the Dow Jones the only loser with 0.02 percent. The Nasdaq and the S&P 500 both rallied by 0.94 percent and 0.47 percent, respectively.

In this article, we name Wednesday’s 10 top-performing stocks and explore the reasons behind their gains. Our list is notably dominated by quantum computing and Bitcoin miners.

To come up with the list, we considered only the stocks with at least $2 billion in market capitalization and over 5 million shares in trading volume.

10. Webull Corporation (NASDAQ:BULL)

Webull Corp. rallied for a third consecutive day on Wednesday, jumping 11.54 percent to close at $14.01 apiece as investors continued to scoop up shares following plans to reenter the cryptocurrency market.

The initiative was supported by its recent partnership with Coinbase Global Inc.(NASDAQ:COIN) to allow traders in Brazil to buy and sell digital currencies within its platform. The platform includes real-time trading, available 24/7, and offers access to digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA).

“Webull’s re-entry into crypto restores access to one of our clients’ favored asset classes while reflecting broader market demand for digital asset trading solutions,” said Webull Corporation (NASDAQ:BULL) President and US CEO Anthony Denier.

“Brazil is a rapidly growing market for digital assets, and this launch marks an important step as we bring crypto markets back to our users there through a seamless, secure, and scalable solution. This expansion uniquely positions Webull to deliver a robust digital asset trading experience for our users.”

9. IonQ, Inc. (NYSE:IONQ)

IonQ saw its share prices jump by 11.6 percent on Wednesday to end at $44.75 apiece after Cantor Fitzgerald raised its rating and price target for the company.

In its market note, the investment firm gave IonQ, Inc. (NYSE:IONQ) an “overweight” rating and a price target of $45 on the belief that the quantum computing industry remains to be one of the most highly coveted technical milestones with huge economical implications despite it still being in its early stages of development.

Additionally, it said that the full-scale capabilities of the sector are likely years away from being realized.

Further supporting the sentiment was Texas’s passage of legislation on Monday that would develop a comprehensive strategic plan to advance quantum computing.

IonQ, Inc. (NYSE:IONQ) said it fully supports the initiative, emphasizing the critical role of quantum computing in addressing future cybersecurity and economic challenges.

“The Texas Quantum Initiative is more than just policy. It’s a platform for transformative innovation, secure infrastructure, and inclusive workforce development,” said IonQ, Inc. (NYSE:IONQ) Niccolo de Masi.