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D-Wave Quantum ( (QBTS) ) just unveiled an update.
D-Wave Quantum Inc. has been alerted by the NYSE of non-compliance due to its stock price dropping below $1.00 for a 30-day period, but remains listed during a six-month cure period. The company aims to rectify the situation, possibly through a reverse stock split, to meet the NYSE’s listing standards. The stock will continue trading on the NYSE as D-Wave evaluates options to sustain compliance.
See more insights into QBTS stock on TipRanks’ Stock Analysis page.