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Traders think this legacy tech stock is the ultimate quantum play
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- If there're two things traders love right now, they are cutting-edge tech and an all-American comeback story.
- That could explain why traders are pouring into options on IBM after news the Armonk, New York-based juggernaut stands to receive $1 billion from the U.S.
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If there're two things traders love right now, they are cutting-edge tech and an all-American comeback story. Throw in some help from the U.S. government, and it's been a recipe for success.
That could explain why traders are pouring into options on IBM after news the Armonk, New York-based juggernaut stands to receive $1 billion from the U.S. Commerce Department, the biggest recipient of a series of grants to support quantum computing.
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