IonQ Tumbles 8%, D-Wave, Rigetti, Quantum Computing Drop 6% as Risk-Off Ripple Effects Hit Speculative Quantum Stocks

Price ActionGeopolitics
โดย Yahoo Finance·Read original
Summary · why it matters

IonQ stock tumbled 8% while D-Wave, Rigetti, and Quantum Computing each declined 6% as Strait of Hormuz tensions and an oil spike triggered broad risk-off selling across quantum stocks. IonQ shares fell to $39.52, D-Wave to $18.85, Rigetti to $15.60, and Quantum Computing to $8.18, with no company-specific news driving the moves. The NASDAQ 100 tracking QQQ ETF was down 1.48%, and the Defiance Quantum ETF limited its drop to 2.42%, far less than the 6% to 8% losses in pure-play names. IonQ carries a beta of 3.23 and a trailing P/E ratio of 103x, amplifying losses despite a 755% year-over-year revenue surge in Q1.

Impact on stocks 5

Quantum Computing · 4 stocks
IONQ Inc
IONQ
▼ Negativerelevance

Risk-off selling triggered by Strait of Hormuz tensions and oil spike, no company-specific news.

Artificial Intelligence · 1 stocks