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IonQ Inc. (NYSE:IONQ) shares are under pressure Friday morning. Nasdaq futures are up 0.20% while S&P 500 futures have gained 0.26%.
After skyrocketing more than 50% this week, the stock is seeing natural profit-taking from investors.
No specific company event triggered the slide, but recent data shows a climb in bearish bets.
Short interest in the quantum firm rose from 79.48 million to 80.93 million shares during the last reporting period. This currently places 22.78% of the company’s float in short positions.
Sector Momentum and Nvidia Catalyst
The dip comes despite a massive week for the …
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