XNDU Stock Fell From $42 to $2.80. GlobalFoundries and ASML May Explain the Bounce Case

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We just published a list of the 10 Quantum Computing Stocks Investors Accidentally Dumped and Xanadu Quantum Technologies ranked 1st on the list.
2026 has been a special year for Quantum Computing, not just because of the technological developments and stock performance, but also because it is the year that has given us more quantum pure-plays in the form of fresh IPOs. Quantum Computing is one of those areas where the stock market keeps bouncing between severe pessimism and extreme optimism. The last week or so has given us the worst of these stocks, but none of the selling pressure was induced by company-specific news.
As a result, investors who dumped stocks in every sector helped provide attractive entry points for quantum computing stocks. This is what gave me the motivation to write on the 10 quantum computing stocks investors accidentally dumped.
Quantum computing stocks rallied in the middle of the year only to fall back sharply by the beginning of August. That's when Gary Mobley, an analyst at Benchmark, pointed out the opportunity that this industry presents:
When the market declined early last week because of the US election results, quantum stocks went down too, to the same level they were at when Mobley made the above comments. It is therefore worth revisiting his theses on these companies in order to capitalize on the opportunity. These companies are doing better than their stock's price action suggests and are therefore worth a deeper look. However, if you want to capture growth without exposure to emerging technologies like quantum computing, you can also look at our 10 Best Growth Stocks to Buy for the Next Decade.
Xanadu Quantum Technologies Limited (NASDAQ:XNDU) stock made our list of the 10 Quantum Computing Stocks Investors Accidentally Dumped because it was caught up in the post-midterm elections sell-off and still has a potential upside of 691.37% according to analysts.
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