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Martin Shkreli Calls IonQ And Rigetti 'Best Shorts' Despite Recent Stock Gains, Cites Offline Quantum Systems

Benzinga LogoBenzinga10h ago

Martin Shkreli Calls IonQ And Rigetti 'Best Shorts' Despite Recent Stock Gains, Cites Offline Quantum Systems - Benzinga

Quick Summary:

Former hedge fund manager Martin Shkreli called quantum computing stocks IonQ Inc.(NYSE:IONQ) and Rigetti Computing Inc.(NASDAQ:RGTI) “one of the best shorts” of his career, despite both companies seeing substantial gains in recent trading sessions.

What Happened: Shkreli, posting on X on Tuesday, criticized the operational status of quantum computers from both companies, sharing an Amazon Web Services Braket dashboard showing multiple quantum processing units offline.

The dashboard revealed that all three of IonQ’s quantum devices and both of Rigetti’s systems were either offline or experiencing errors.


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Article Details

Author / Journalist: Kaustubh Bagalkote

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 05:09:52 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 387 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25335902

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 12 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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