Target This Quantum Computing Stock Before Another Rally
Buy the dip on quantum computing? Crazier things have been said.Quantum computing stock IonQ (IONQ) was flying high in mid-October, hitting a record high of $84.64 on Oct. 13. The shares have suffered a nearly 30% drawdown since, as high-growth, speculation-heavy sectors are faced with valuation concerns and overbought conditions. Today, the quantum computing firm reported a third-quarter earnings miss. However, Q3 revenues were up year-over-year after the acquisitions of Oxford Ionics and Vector Atomic wer ...