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On February 26, 2025, IONQ reported positive revenue results for Q4 2024 financial results. However, earnings per share totaled a loss of 93 cents per share, falling 68 cents per share below analysts’ estimates. IONQ also announced a CEO transition.
Following this news, IONQ’s stock price fell by $5.02 per share, or approximately 17%, to close at $24.91 per share.