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Quantum Computing Stock Volatility Amid Oversubscribed Offering
Quantum Computing Stock Volatility Amid Oversubscribed Offering
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BTCCSquare news:
Quantum Computing Inc. (QCi) shares experienced a rollercoaster session, surging 13% early Friday before retreating to a modest 2% gain. The volatility followed Wednesday's announcement of an oversubscribed $500 million private stock offering, attracting both existing shareholders and a new global asset manager.
The offering priced shares at $18.61—a 13% discount to current levels—while diluting existing holders by 14.4%. Market skepticism persists as analysts remain unconvinced about future profitability, casting doubt on the long-term value proposition for public investors.
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