IonQ Declines 25.8% YTD: How Should Investors Play the IONQ Stock?
IonQ (IONQ) shares have declined 25.8% year to date (YTD), underperforming the broader Zacks Computer and Technology Sector's appreciation of 22.1% and the Zacks Computer-Integrated System Industry's return of 27.1%. IONQ also lagged its industry peers like International Business Machines (IBM) , Agilysys (AGYS) and Hewlett Packard Enterprise (HPE) . Shares of IBM, AGYS and HPE have returned 34.3%, 24.2% and 20.8%, respectively. This underperformance can be attributed to increasing operating expenses and co ...