IONQ - Why did IonQ stock dive today? Quantum computing company drops on Omicron scare

IonQ (NYSE:IONQ) shares fell nearly 9% on Monday to close at $15.28 as the Maryland-based quantum computing company dropped along with the broader market on fears of the Omicron variant of COVID-19. Nearly 4.9 million shares of IonQ (IONQ) were traded on Monday, slightly less than its average daily volume of almost 7 million shares. IonQ (IONQ), founded in 2015 and based in College Park, Maryland, has attracted significant investor attention in recent weeks, particularly as the company's management raised its full-year contract bookings guidance last month. The company went public in October via special purpose acquisition company and has seen its shares rise more than 50% in that time period. Last month, Goldman Sachs analyst Toshiya Hari started coverage with a neutral rating and a $28 price target, writing that IonQ (IONQ) is early in the "nascent quantum computing market" and while it offers promise, it also has a number of questions surrounding

For further details see:

Why did IonQ stock dive today? Quantum computing company drops on Omicron scare