Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares is trading at $13.00, down 10.1% today as the Nasdaq and broader growth sectors face significant pressure from weakening risk appetite.
- The decline follows a sharp multi-day slide across high-valuation technology and quantum-related names.
- Major indices are struggling, with the Nasdaq Composite dropping more than 2% as investors rotate out of high-multiple, high-growth stocks.