Why Quantum Computing Stock Is Plummeting This Week

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  • Quantum Computing announced an acquisition this week.

  • Wedbush initiated sum connected Quantum Computing stock.

  • Although the banal is falling, investors seeking vulnerability to quantum computing would beryllium omniscient to support Quantum Computing banal connected their radars.

  • 10 stocks we similar amended than Quantum Computing ›

After sliding much than 6% past week, shares of Quantum Computing (NASDAQ: QUBT) are continuing their downward trajectory this week. In summation to the quantum computing institution announcing an acquisition, an analyst's initiation of sum connected Quantum Computing banal -- with an uninspiring instrumentality connected it -- is providing capable fodder for the bears to nonstop the banal lower.

According to information provided by S&P Global Market Intelligence, shares of Quantum Computing are down 14.2% from the extremity of past Friday's marketplace league done the extremity of trading connected Thursday.

sad capitalist  uses smartphone.

Image source: Getty Images.

On Monday, Quantum Computing announced its program to get Luminar Semiconductor for $110 cardinal successful cash. In the property merchandise addressing the purchase, Quantum Computing stated:

"The acquisition volition bring QCi [Quantum Computing] a portfolio of halfway photonic technologies, patents, and a highly experienced squad of engineers and scientists that volition accelerate QCi's roadmap portion continuing to enactment and turn LSI's [Luminar Semiconductor's] established lawsuit base."

At the extremity of September, Quantum Computing had $352 cardinal successful currency connected its equilibrium sheet. Investors are apt unhappy with the acquisition, arsenic they surely preferred the institution to clasp onto its cash, fixed that it's presently generating minimal revenue.

Adding to investors' disappointment, Wedbush initiated sum connected Quantum Computing banal this week. In summation to assigning the banal a neutral rating, Wedbush acceptable a $12 terms people connected the stock.

Despite the diminution this week, investors funny successful vulnerability to the quantum computing manufacture would beryllium omniscient to support an oculus connected Quantum Computing stock. The institution is making advancement successful demonstrating to the marketplace the validity of its technology's applications -- paving the mode toward generating much robust revenue. In the third-quarter 2025, Quantum Computing a acquisition bid from a large U.S. slope for its quantum information solutions.

Before you bargain banal successful Quantum Computing, see this:

The Motley Fool Stock Advisor expert squad conscionable identified what they judge are the 10 champion stocks for investors to bargain now… and Quantum Computing wasn’t 1 of them. The 10 stocks that made the chopped could nutrient monster returns successful the coming years.

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