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Posted by
Two Blokes May 22 -
Filed in
Stock
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After mistakenly having been picked up as a quantum computing play in late 2024, shares of life sciences company, Quantum-Si, have given back most of their gains in recent months. While the company used the hype to replenish its dwindling cash balances, dilution for common shareholders has been substantial. Quantum-Si remains years behind its original business plan with an inflection point nowhere in sight. The company continues to burn substantial amounts of cash.
