Quantum Computing Stocks Collapse: Here's Why
Quantum computing was one of the hot trends of the past few months as stocks have doubled or more following Alphabet's (NASDAQ: GOOG) Willow announcement. Investors looking for any way to play the quantum computing space have pushed microcap stocks into the stratosphere.
This is Why IonQ and Other Quantum Computing Stocks Will Recover
As with any Discovery Stock, investors are looking to the price and the potential of the stock, not the fundamentals. As it stands now, IonQ has the benefit of round numbered support from the $30 price. Shares recently saw support at $40 on their ascent and then resistance at $50, displaying the effect of round-numbered prices.
Wave fell sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.
IonQ (NYSE: IONQ) stock is posting big gains in Friday's trading despite sell-offs for the broader market. The quantum computing specialist's share price was up 7.2% as of 2:45 p.m. ET and had been up ...
IonQ's atom-based quantum computing approach offers advantages like fewer qubits for error correction. Read why I consider ...
Although quantum computing stocks may appear as deep-value prospects, investors should carefully assess the underlying data.
Despite its less-than-stellar start, IonQ (IONQ -39.00%) stock ended 2024 on a high note: It closed 237% above its 2023 closing price, according to data from S&P Global Market Int ...
IonQ ( NYSE: IONQ) Chairman and CEO Peter Chapman issued an update on Friday and said he expects bookings for the quantum ...
CEO of Nvidia Jensen Huang purportedly stated that quantum computers will take 20 years before being "very useful", causing ...
IonQ generates revenue from its quantum computing services. The company earned $12.4 million in Q3 2024. That figure ...
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