30.05.2024 15:23:00

Will IonQ Be a Trillion-Dollar Stock by 2050?

IonQ (NYSE: IONQ) has been a divisive stock ever since it went public by merging with a special purpose acquisition company (SPAC) on Oct. 1, 2021. The bulls saw it as a promising play on the nascent quantum computing market, while the bears saw an overvalued company that was barely generating any revenues.IonQ's stock opened at $10.60 after its merger and nearly tripled to its all-time high of $31 on Nov. 17. But today, the stock trades at about $8. Like many other speculative tech stocks, IonQ lost its luster as rising rates highlighted its losses and compressed its valuations. It also broadly missed its own pre-merger estimates.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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:be AG Inhaber-Akt 3,40 25,93% :be AG Inhaber-Akt
IonQ Inc Registered Shs 7,21 -4,63% IonQ Inc Registered Shs
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