IonQ, Inc. (NYSE:IONQ) stock fell 10.5% on Thursday, Nov. 5, amid a post-election sell-off in chip and AI stocks that spread to the riskiest corners of tech. The S&P 500 (SNPINDEX:^GSPC) and the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 4.4% and 5.6%, respectively. Two days after Democrats' decisive victory on election day, investors sold anything tied to AI in anticipation of greater scrutiny from a Democratic Congress.
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