IonQ shares are trading lower amid a selloff in tech and growth stocks on rate hike concerns.
Portfolio Pulse from Bill Haddad
IonQ shares are trading lower due to a selloff in tech and growth stocks, driven by concerns over rate hikes.
September 07, 2023 | 4:07 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
IonQ's stock price is falling due to a broader selloff in the tech and growth stocks sector, influenced by rate hike concerns.
IonQ's stock price is directly impacted by the broader market sentiment, particularly in the tech and growth stocks sector. The current selloff in this sector, driven by concerns over potential rate hikes, is causing a decrease in IonQ's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100