Individual quantum names are seeing declines, with several suffering their worst single-day losses on record:
Rigetti Computing plunged 41.5% IonQ tumbled 28.5% Quantum Computing crashed 34% D-Wave Quantum plummeted 35% Quantum Corp dropped 26.6%.
The quantum computing sector has turned into sometime of a meme in recent months amid growing excitement around quantum's potential applications in cryptography, drug discovery, and financial modeling. However, today's reality check is a warning for meme stocks.
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