Shares of quantum encryption technology company Arqit Quantum Inc. are higher on the Nasdaq Wednesday, the company's second day of trading on the exchange.
At 11:22 a.m. ET, the company's shares were trading 45.58% higher, at $16.45 a share. Volume at the time topped 7.2 million shares.
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The stock closed Tuesday with a 35.33% gain, at $11.30 a share.
Earlier this month, Arqit Quantum closed its business combination with blank-check company Centricus Acquisition Corp.
Shares of the combined company trade under the symbol ARQQ.
Trading in the stock was paused earlier Wednesday due to volatility, but has since resumed.
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