IONQ - Could IonQ Stock Help You Become a Millionaire?
2024-04-12 04:36:00 ET
IonQ (NYSE: IONQ) has been a volatile and divisive stock ever since its public debut. The provider of quantum computing services went public by merging with a special purpose acquisition company (SPAC) on Oct. 1, 2021, and its stock started trading at $10.60 before nearly tripling to a record high of $31 on Nov. 17, 2021.
But today, IonQ's stock trades at about $8. It lost its luster as it missed its own pre-merger estimates, its co-founder and chief scientist Chris Monroe stepped down, and rising interest rates popped its bubbly valuations. Could this out-of-favor tech stock bounce back and mint some new millionaires over the next decade?
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Could IonQ Stock Help You Become a Millionaire?