Quantum Computing Inc. (QUBT) experienced a significant pre-market plunge of 8.23% on Monday morning, underperforming the broader market.
The sell-off appears to be driven by a warning from a prominent investor about the potential risks associated with the company's stock. According to reports, a top investor cautioned against investing in Quantum Computing, advising others to steer clear and "don't come within 500 feet" of the stock.
While Quantum Computing has been at the forefront of the recent surge in quantum computing stocks, fueled by the technology's immense potential, concerns about the stock's valuation and sustainability of the rally may be weighing on investor sentiment.
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