CQTM is trading at $26.05 (-3.30%) in pre-market as the fund continues to face pressure from a weak stretch in quantum-focused assets.
- The fund is underperforming several leading quantum stocks due to smaller portfolio holdings that are currently lagging the broader sector.
- The move aligns with a wider risk-off sentiment in the tech sector, with the Nasdaq down 1.04% in pre-market trading.
- There is no fresh fund-specific catalyst, suggesting the decline is driven by broader market sentiment and internal portfolio weighting.