IonQ (IONQ) stock has slumped along with other names in the quantum computing sector following comments made by Nvidia (NVDA) CEO Jensen Huang

Shares of quantum computing company IonQ ( IONQ 5.48%) raced higher this week. The stock was up by 28.5% as of Friday morning, according to data provided by S&P Global Market Intelligence.

Quantum computing stocks just got hit with another setback. On Jan. 10, Meta Platforms (META) CEO Mark Zuckerberg cast doubt on the technology’s near-term potential, echoing recent skepticism from Nvidia (NVDA) chief Jensen Huang and driving share prices lower.

IonQ (NASDAQ:IONQ) is arguably the leading stock in the quantum computing space. Prior to today, its stock was up nearly 500% over the last three months as it works to push quantum physics into computing to make massive,

This is what's happening on Wednesday, as quantum computing investors cheer some kind words from Microsoft's strategic missions and technologies chief, Mitra Azizirad, who last night urged quantum investors to get ready, because "we are right on the cusp of seeing quantum computers solve meaningful problems and capture new business value."

As with any Discovery Stock, investors are looking to the price and the potential of the stock, not the fundamentals. As it stands now, IonQ has the benefit of round numbered support from the $30 price. Shares recently saw support at $40 on their ascent and then resistance at $50, displaying the effect of round-numbered prices.

Quantum computing stocks showed slight recovery in aftermarket trading Monday, following significant declines during the session. Shares of Quantum Computing Inc, Rigetti Computing Inc, QuantumSi Inc,