IonQ: Upgrading To Buy Based On New Information
IONQIonQ(IONQ) Seeking Alpha·2024-02-23 02:45

da-kuk Last July, I was attracted to IonQ, Inc. (NYSE:IONQ), but warned investors about three major risks which forced me to initiate coverage with a hold rating despite falling in love with the company's story. IONQ stock is down 30% since then. I reiterated my hold rating in October as I thought the company was yet to tackle my concerns, and the stock has moved 12% higher since then. With IonQ slated to report Q4 earnings next week (post-market February 28th), I revisited the company and my investment the ...