In the closing of the recent trading day, IonQ, Inc. (IONQ) stood at $9.03, denoting a +0.89% change from the preceding trading day.
Zacks.com users have recently been watching IonQ (IONQ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
IonQ's revenue is growing rapidly, but the company is not yet profitable and is burning through cash very quickly. The company faces competition from well-funded rivals like IBM and Alphabet, which could pose challenges in the future.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
No major news was published about IonQ, but the high-beta stock dropped amid bullish competitor headlines. The Federal Reserve's interest rate announcement created a difficult environment for expensive stocks that require financing in the near future.
In the closing of the recent trading day, IonQ, Inc. (IONQ) stood at $7.03, denoting a -0.99% change from the preceding trading day.
In the most recent trading session, IonQ, Inc. (IONQ) closed at $6.76, indicating a -0.59% shift from the previous trading day.
IonQ (IONQ) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
U.S. equities are reaching new highs after May's consumer price index (CPI) report indicated significant cooling in pricing pressures across the broad. The headline inflation figure came in flat, while the “core” reading, which excludes price volatility from food and energy, increased only 0.2% month-over-month.
Understanding when to sell a particular stock might be as important in investing as when to acquire it. Here, the focus is on identifying stocks to sell during market downturns, as it is crucial to mitigate potential financial risks when investing.
In the most recent trading session, IonQ, Inc. (IONQ) closed at $7.70, indicating a -0.13% shift from the previous trading day.
IonQ stock has lagged despite impressive revenue growth. Cost containment could be the key to IonQ's future success.