D-Wave Quantum ( (QBTS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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D-Wave Quantum’s stock is experiencing a downturn despite their recent announcement of advancements in quantum computing for national defense. The company’s persistent financial losses overshadow these technological achievements, leading analysts to maintain a neutral outlook on the stock.
More about D-Wave Quantum
YTD Price Performance: 285.64%
Average Trading Volume: 53,430,166
Technical Sentiment Signal: Buy
Current Market Cap: $12.68B
For further insights into QBTS stock on TipRanks’ Stock Analysis page.
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