IonQ Stock Is Selling Off, but a Strong RPO Figure Says Commercial Revenue Acceleration Is Ahead
IonQ shares plunged during the first-quarter tech selloff before roaring back in April alongside renewed excitement around quantum computing and artificial intelligence infrastructure. But after reporting what initially looked like a blockbuster earnings quarter, the stock suddenly reversed again, falling more than 9%. In my opinion, the selloff makes no sense. Revenue exploded higher, guidance increased sharply, and commercial demand appeared stronger than ever. But investors focused on the company's losse ...