Why IonQ Stock Sank Today
Shares of quantum-computing company IonQ (NYSE: IONQ) sank on Tuesday after one of the company's co-founders left to pursue his own interests. As of 9:45 a.m. ET, IonQ stock was down 8%, but it had been down as much as 12% earlier in the session.
Decades before co-founding IonQ in 2015, Dr. Chris Monroe was already a leading quantum-computing expert. In an official press release yesterday afternoon, the company said that Monroe was leaving to do what he used to: research and teach.
Investors shouldn't downplay the loss for IonQ too much. After all, there are a limited number of individuals with the technical know-how and expertise in the field of quantum computing. Losing Monroe means losing one of the very best.
Source Fool.com
