IonQ, Inc. (IONQ) closed the most recent trading day at $35.1, moving 6.42% from the previous trading session.
IonQ IONQ shares have tumbled 36.4% over the past month, underperforming other pure-play quantum computing stocks, including Rigetti Computing RGTI, down 32.3%, D-Wave Quantum QBTS, down 28.9%, and Quantum Computing Inc. QUBT, down 27.9%, despite the sector's favorable long-term outlook. The decline comes even as Washington intensified support for quantum technologies through executive orders, increased funding initiatives and a renewed focus on post-quantum cybersecurity.
HSBC downgrades IBM shares to the equivalent of Sell, pointing to better investment opportunities in a basket of stocks including IonQ and Accenture.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 75 | $3,531.55 | $2,811 | -$720.55 | -20.4% |
| CE Curtis Ellergodt Rothschild Investment LLC | 5,500 | $233,137.11 | $206,140 | -$26,997.11 | -11.58% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 102,200 | $4.46M | $3.83M | -$630,146 | -14.13% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 9,903 | $239,602.11 | $365,420.7 | $125,818.59 | 52.51% |
| JW Jamie Wilson CAPITAL ADVISORS Inc./OK | 347,166 | $14.12M | $13.05M | -$1.07M | -7.56% |
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | Niccolo Mcleod de Masi CEO | NYSE Exchange | 46222L108 CUSIP |
| US Country | 1,132 Employees | - Last Dividend | - Last Split | 4 Jan 2021 IPO Date |
IonQ, Inc. is at the forefront of the technological revolution with its commitment to advancing quantum computing in the United States. Founded in 2015 and based out of College Park, Maryland, IonQ is dedicated to the development of general-purpose quantum computing systems. Quantum computing represents a significant leap forward in computing capabilities, offering potential breakthroughs in various fields by solving complex problems faster than traditional computing methods. IonQ's efforts focus on making quantum computing accessible and applicable for a wide range of industries and applications.
IonQ offers a range of products and services designed to facilitate access to the cutting-edge world of quantum computing for researchers, businesses, and developers. These offerings leverage cloud platforms to provide users with flexible and scalable access to quantum computing resources.
IonQ sells access to its quantum computers, which vary in qubit capacities, through prominent cloud platforms. This approach allows users to integrate quantum computing into their projects without the need for physical infrastructure, significantly lowering the barrier to entry. Access is available through:
Aside from cloud services, IonQ offers contracts for the design, development, and construction of customized quantum computing hardware systems. This bespoke service is tailored to meet the specific needs of clients requiring unique quantum solutions for specialized applications.
To ensure the longevity and efficiency of the quantum computing solutions provided, IonQ also offers comprehensive maintenance and support services. These services are essential for clients to maximize the performance and benefits of their quantum computing systems over time.
Understanding the complexity of quantum computing and its potential applications can be challenging. IonQ addresses this by providing consulting services to clients. This includes co-developing algorithms specifically designed for quantum computing systems, facilitating the exploration of quantum computing's possibilities in various research and industrial fields.