Castleark Management LLC Takes $1.67 Million Position in IonQ, Inc. $IONQ
Castleark Management LLC acquired a $1.67 million stake in IonQ, Inc. during Q2, as per SEC filings. IonQ's stock opened at $50.31, with a market cap of $17.48 billion. Despite a quarterly revenue increase of 221.5%, IonQ reported a significant EPS loss. Analysts have mixed ratings, with Mizuho giving an "outperform" rating and a $90 target price, while Weiss Ratings issued a "sell" rating.