Kerrisdale Capital Is Shorting IONQ Stock. How Should You Play This Quantum Computing Star Now?

IonQ (IONQ) is one of the most high-profile names in the emerging quantum computing space, but not everyone is convinced about its long-term potential. Kerrisdale Capital, a well-known short-selling firm, recently released a scathing report on IonQ, calling it a “disaster in the making.” The report alleges that IonQ’s technology is vastly overhyped, that the company’s commercial traction is weak, and that its valuation is completely detached from reality. This has raised fresh questions for investors on how to approach this quantum computing leader.

In this article, we’ll dive into Kerrisdale Capital’s allegations, analyze IonQ’s financials, recent developments, and potential catalysts, and assess whether investors should side with the bears or if this quantum computing stock still has room to run. Let’s get started!