CQTM is trading 10.56% down at $26.64 as the quantum and AI rebound loses momentum amid broad tech weakness and a significant Nasdaq sell-off.
- The Nasdaq Composite is down 3.63%, leading a rotation out of higher-beta growth stocks and speculative tech names.
- No company-specific catalysts have been identified; the move is tied to broader risk-off trading as market sentiment deteriorates.