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Wed, Aug 13, 2025, 11:57 AM 1 min read
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We recently published 10 Stocks That Vanished in Value IonQ, Inc. (NYSE:IONQ) is one of the worst-performing stocks on Tuesday.
Shares of IonQ declined by 4.32 percent on Tuesday to finish at $43 apiece amid the lack of catalysts to sustain the recent two-day rally.
In the previous trading days, IonQ, Inc. (NYSE:IONQ) grew alongside its quantum computing peers after a large US pension fund—the New Jersey State Pension Fund—increased its exposure in the quantum computing sector with the acquisition of shares in IonQ, Inc. (NYSE:IONQ), D-Wave Quantum Inc. (NYSE:QBTS), and Rigetti Computing Inc. (NASDAQ:RGTI).
Photo by Anton Maksimov juvnsky on Unsplash
In line with the transaction, the fund divested its stake in Alibaba Group Holding Ltd. (BABA).
In other news, IonQ, Inc. (NYSE:IONQ) filed for a prospectus on behalf of several existing shareholders for the sale of more than 13 million IONQ common shares.
IonQ, Inc. (NYSE:IONQ) said it will not receive any proceeds from the proposed sale.
While we acknowledge the potential of IONQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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