We recently published 10 Stocks Crash Harder than Wall Street. IonQ Inc. (NYSE:IONQ) is one of the worst performers on Wednesday.
IonQ extended its losses on Wednesday, shedding 6.63 percent to close at $72.41 apiece, as investors continued to unload positions following a $2 billion share sale that resulted in the dilution of existing stocks.
Late last week, IonQ Inc. (NYSE:IONQ) announced the successful raising of $2 billion in fresh funds from a share sale program, covering 16.5 million shares at $93 apiece, pre-funded warrants to purchase more than 5 million shares for the same offer price, which represented a 20 percent premium over its closing price on October 9, 2025.
Additionally, IonQ Inc. (NYSE:IONQ) offered seven-year warrants to buy 43 million additional shares at $155 each if the stock goes that high by the maturity date.
“This investment provides an opportunity for the IonQ team to continue to grow and expand our ecosystem. IonQ is one of the only quantum companies in the world capable of delivering advanced computing, networking, and sensing solutions across every theatre—on the ground, in the air, and in space,” IonQ Inc. (NYSE:IONQ) Chairman and CEO Niccolo de Masi said.
“With our accelerated technology roadmap, world-renowned talent, and robust net cash position, we have strengthened our unique position. We believe this is the largest common-stock single-institutional investment in the history of the quantum industry. This $2 billion cash investment will facilitate our global growth and accelerate our quantum commercialization worldwide.”
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Based on its historical reporting dates, the company is scheduled to release the results of its earnings performance for the third quarter of the year in the first week of November 2025.
While we acknowledge the potential of IONQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.