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U.S. Quantum Computing Stocks Fall Across the Board... Investment Sentiment Shrinks Amid Tech Stock Weakness

Major quantum computing-related stocks listed on the U.S. New York Stock Exchange closed lower across the board on the 24th (local time). As selling expanded ce

Oseong Kwon
Staff Reporter
3 min read
U.S. Quantum Computing Stocks Fall Across the Board... Investment Sentiment Shrinks Amid Tech Stock Weakness
CBC News

Major quantum computing-related stocks listed on the U.S. New York Stock Exchange closed lower across the board on the 24th (local time).

As selling expanded centered around semiconductors and large-cap tech stocks, the Nasdaq index showed weakness, putting pressure on quantum computing stocks with high expectations for future growth. It is interpreted that profit-taking sell orders were released in the quantum computing theme, which is classified as a highly valued growth stock, affecting investment sentiment across the entire sector.

The stock price trends of major stocks that closed lower on this day are as follows: • Quantum Computing: down 7.38% (relatively large decline) • Inflexion: down 7.43% • D-Wave Quantum: down 5.20% • Quantum Computing: down 5.47% • Rigetti Computing: down 4.71% • IonQ: down 3.61% • Qutrex Quantum: down 0.49% (relatively limited decline)

Some analysts also note that given the high volatility recently observed, investors' risk-averse sentiment has been reflected in stock prices. The market predicts that stock price volatility in related stocks is likely to continue in the short term, depending on future interest rate outlook and changes in investment sentiment toward tech stocks.

[This article is not intended to solicit investment. Investment decisions are the responsibility of the investor, and the final decision should be made carefully by the individual.]

Oseong Kwon
Staff Reporter

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