“`html
Quantum Computing (NASDAQ: QUBT) is experiencing significant sell-offs, with shares down 10.6% as of 1 p.m. ET on Monday, despite the S&P 500 and Nasdaq Composite posting gains of 0.7%. This decline follows the announcement of a sale of over 14 million shares at $14.25 each, expected to raise approximately $200 million to bolster the company’s financial position.
The new stock sale, taking place around June 24, has triggered investor concerns about dilution, as the sale price is about 16% lower than its current trading price. Additionally, geopolitical tensions, particularly related to recent U.S. military actions in the Middle East, could further impact the stock’s volatility in the near term.
“`