Quantinuum is trading 10.04% down now at $59.38 as global risk aversion drives a broad sell-off in technology and growth stocks.
- Reuters reported the 30-year Treasury yield reached its highest level since 2007 as U.S.-Iran tensions lifted oil prices and revived inflation concerns, pressuring the present value of future technology profits.
- Nasdaq is down 1.37%, while technology sector ETF XLK is down 2.85%.