Let’s dig into the relative performance of IonQ (NYSE:IONQ) and its peers as we unravel the now-completed Q1 hardware & infrastructure earnings season.
Shares of quantum computing company IonQ (NYSE:IONQ) jumped 4.7% in the morning session after a competitor's technical breakthrough lifted sentiment across the quantum computing sector.
Quantum computing stocks have captured the attention of investors due to their immense potential and the considerable risks facing the emerging industry.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
IonQ Inc. (NYSE:IONQ) shares climbed above $47.85 Tuesday morning before pulling back. The stock is still up approximately 13.5% over the past month. Here's a look at what's driving the momentum.
Quantum computing firm IonQ Inc. (NYSE: IONQ) saw a price target hike from Benchmark after the company successfully raised $1 billion through an equity offering at $55.49 per share, a notable 25% premium to the closing price last Thursday.
