Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

If You Invested $1,000 in IonQ in 2021, This Is How Much You Would Have Today

TheMotleyFool

0 0

If You Invested $1,000 in IonQ in 2021, This Is How Much You Would Have Today: https://g.foolcdn.com/editorial/images/759428/optical-circuits.jpg

IonQ (NYSE: IONQ), a developer of quantum computing technologies, went public by merging with a special purpose acquisition company (SPAC) on Oct. 1, 2021. The combined company's shares started trading at $10.60 and nearly tripled to a record high of $31.00 about a month later.

But today, IonQ trades at around $13. A $1,000 investment in its public debut would have grown to over $2,900 before shrinking back to about $1,200. Let's see why the bulls initially rushed to IonQ, why it lost its luster, and where it might be headed.

Image source: Getty Images.

Source Fool.com

Like: 0

IONQ

Share