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Why the Archer Materials (ASX:AXE) share price is 33% higher today – The Motley Fool Australia
The Archer Materials (ASX: AXE) share price has skyrocketed 32% higher today. We take a look at its latest announcement to see why.
The Archer Materials Ltd(ASX: AXE) share price is on the march today after the company released an announcement pertaining to its quantum computing chip.
Following today’s 33% gain, the Archer share price has now returned over 238% in the past year. For comparison, the S&P/ASX 200 Index (ASX: XJO) has slipped 4.1% over the same period.
Why is the Archer Materials share price moving higher?
This morning Archer Materials updated the market regarding the granting of its first patent for the company’s…
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