Quantum Computing ( (QUBT) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Quantum Computing’s stock took a hit as option traders displayed moderate bearish sentiment, leading to a decline in share prices. The put/call ratio rose to 1.15, showing a preference for puts over calls, despite a flattened put-call skew hinting at a slightly bullish outlook. Additionally, a 2.5-point increase in implied volatility highlighted market uncertainty and the potential for significant price changes.
More about Quantum Computing
YTD Price Performance: -20.74%
Average Trading Volume: 31,188,231
Technical Sentiment Signal: Buy
Current Market Cap: $2.99B
For further insights into QUBT stock on TipRanks’ Stock Analysis page.
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