IonQ (IONQ) Stock Drops 42.9% As Pure-Play Quantum Valuations Face Steep Repricing
IonQ (IONQ) shares plunged 42.9% between late May and late August 2026, falling from $70.14 to $40.03 while the S&P 500 gained 1.5% over the same period. The decline was not driven by weak quarterly results, as IonQ actually posted the strongest quarter in its history during the same window. Second-quarter revenue reached $80.1 million,…