Quantum Stocks Tumble in Premarket After 2%-4% Rally
Updated
Updated · Yahoo Finance · Sep 25
Quantum Stocks Tumble in Premarket After 2%-4% Rally
3 articles · Updated · Yahoo Finance · Sep 25
Summary
IonQ, D-Wave Quantum and Rigetti Computing fell in Friday premarket trading as investors pulled back from the sector after a sharp recent rebound.
Thursday’s gains left the group vulnerable to profit-taking: IonQ rose 2%, D-Wave 3% and Rigetti 4% after several stronger sessions.
IonQ had recently drawn fresh attention with its Superion 256 system and a deployment agreement with Florida International University, with customer deliveries planned for 2027.
Rigetti also landed a $100 million U.S. government research agreement, while D-Wave reported $3.1 million in second-quarter revenue and first-half bookings of $35.5 million versus $2.9 million a year earlier.