D-Wave Quantum ( (QBTS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
D-Wave Quantum’s stock is on the rise, driven by excitement surrounding the inaugural Qubits Japan 2025 conference, which showcased significant advancements in quantum computing. The increase in stock value is further bolstered by an impressive 83% jump in bookings for their quantum technology in the Asia Pacific region, fueled by growing interest in optimization and quantum AI applications. Additionally, the stock’s upward movement is reflected in notable options activity, with a bullish sentiment prevailing despite mixed signals and increased implied volatility.
More about D-Wave Quantum
YTD Price Performance: 149.95%
Average Trading Volume: 42,713,496
Technical Sentiment Signal: Buy
Current Market Cap: $7.71B
For further insights into QBTS stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.