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Why IonQ Stock Plummeted Today

·2-min read
Why IonQ Stock Plummeted Today

IonQ (NYSE: IONQ) stock got hit hard in Friday's trading. There doesn't appear to have been any company-specific news behind the big sell-off, but IonQ got caught up in the bearish momentum sweeping the broader market. IonQ has yet to post significant revenue and was just taken public through a special purpose acquisition company (SPAC) merger, so it's not surprising that the stock's losses significantly exceeded the index's.

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