Why Quantum Computing Stock Xanadu Quantum Technologies Plummeted 56.2% in September
After announcing auspicious developments last month, Xanadu Quantum Technologies gave bulls plenty of reason to suggest it was a good time to click the buy button on the quantum computing stock. That was hardly the case, though. One specific -- and, frankly, unsurprising -- catalyst contributed to the decline in shares last month. According to data provided by S&P Global Market Intelligence , Xanadu shares plunged 56.2% in September. Image source: Getty Images. Continue reading