🔴 Infleqtion is trading 5% down today as Morgan Stanley cites logical-qubit and manufacturing concerns

Infleqtion is trading 4.97% down at $8.71 now, with pressure linked to Morgan Stanley’s new Equal Weight rating and $12 target.

• The October 16 report cited concerns about logical-qubit results, error correction and manufacturing readiness, and said shares traded on light volume.
• Broader technology weakness also weighed on sentiment amid AI financing concerns, hot inflation and rate fears.