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Why IonQ Stock Plummeted 26.1% in June


Investors had plenty to be happy about with IonQ (NYSE: IONQ) stock in May, as the quantum computing specialist's shares soared 60%. June, however, provided less to celebrate. According to data provided by S&P Global Market Intelligence, IonQ stock fell 26.1% last month.

But with the White House expressing enthusiasm for the quantum computing industry and an analyst providing a bullish outlook, investors weren't moved to click the buy button on IonQ stock. Let's take a look at what contributed to the stock's poor performance.

Image source: Getty Images.

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Source Fool.com

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