Sealsq Corp.’s stock LAES is trading lower Wednesday as the broader quantum computing sector declined sharply following remarks by Nvidia CEO Jensen Huang.

What To Know: Huang stated that “very useful” quantum computers are likely 15 to 30 years away, significantly longer than many investors had anticipated. These comments cast doubt on the near-term viability of quantum technology, leading to steep sell-offs across the sector.

Key quantum players such as IonQ Inc. NYSE: IONQ), Rigetti Computing Inc. RGTI and D-Wave Quantum Inc. QBTS also faced major losses, with declines ranging from 35% to over 40%. Despite previous strong performance in these stocks, Huang's reality check disrupted market sentiment, triggering significant downward pressure on quantum-related equities, including SEALSQ.

Is Sealsq A Good Stock To Buy?

An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages — such as Searlsq‘s page for example — there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.

These are known as capital allocation programs. Sealsq does not pay a dividend, but has a few ways it can return value to shareholders. Feel free to search Benzinga's dividend calendar for the next company due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.

Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on Sealsq will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.

LAES Price Action: Sealsq shares closed Wednesday down 26.22% at $5.28, according to Benzinga Pro.