Why Quantum Computing Stock Is Plummeting This Week
After sliding more than 6% last week, shares of Quantum Computing (NASDAQ: QUBT) are continuing their downward trajectory this week. In addition to the quantum computing company announcing an acquisition, an analyst's initiation of coverage on Quantum Computing stock -- with an uninspiring take on it -- is providing sufficient fodder for the bears to send the stock lower.
According to data provided by S&P Global Market Intelligence, shares of Quantum Computing are down 14.2% from the end of last Friday's market session through the end of trading on Thursday.
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Source Fool.com
