Down 55%, Should You Buy the Dip on IonQ Stock?
The next breakthrough technology to follow artificial intelligence (AI) could be quantum computing. In February, Amazon joined other big tech firms, such as Google parent Alphabet, in touting investments in the field.Now may be a good time to invest in one of this nascent industry's hot stocks, IonQ (NYSE: IONQ). Recent stock market volatility pushed down the share price of this quantum computing luminary.IonQ's stock was on fire earlier this year, soaring to a 52-week high of $54.74 in January. Since then, President Donald Trump's tariff policies injected uncertainty into the U.S. economy, and as a result, the stock market fell. IonQ shares were not spared, tumbling 55% from its high at the time of this writing.Continue reading
The next breakthrough technology to follow artificial intelligence (AI) could be quantum computing. In February, Amazon joined other big tech firms, such as Google parent Alphabet, in touting investments in the field.
Now may be a good time to invest in one of this nascent industry's hot stocks, IonQ (NYSE: IONQ). Recent stock market volatility pushed down the share price of this quantum computing luminary.
IonQ's stock was on fire earlier this year, soaring to a 52-week high of $54.74 in January. Since then, President Donald Trump's tariff policies injected uncertainty into the U.S. economy, and as a result, the stock market fell. IonQ shares were not spared, tumbling 55% from its high at the time of this writing.