Quantum Computing Insiders Sold Nearly $857 Million in Stock Over Two Years

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โดย The Motley Fool·Read original

Summary · why it matters

Insiders at IonQ, Rigetti Computing, and D-Wave Quantum have sold a combined $856.7 million of their companies' stock over the trailing two years, while insider buying has been virtually nonexistent. IonQ accounted for $454.1 million of the net selling, D-Wave Quantum for $331.1 million, and Rigetti Computing for $71.5 million. Over the same period, IonQ saw only about $2.25 million in insider purchases, D-Wave Quantum recorded just $1,795, and Rigetti Computing had no insider buying at all. The heavy selling and lack of buying come as the three pure-play quantum computing stocks have soared on excitement over the technology's potential to generate up to $1 trillion in global economic value by 2035, but their price-to-sales ratios are now in what history suggests is bubble territory.