Reported 2 days ago
Shares of Quantum Computing Inc. (NASDAQ: QUBT) dropped 14.4% after the company announced a private placement offering to raise $500 million. While the funds aim to support expansion and commercialization efforts, such offerings can concern investors due to potential dilution of existing shares. Despite this setback, the offering may be a strategic move given the stock's significant growth over the past year.
Source: YAHOO