D-Wave Quantum (QBTS) Shares See Sharp Daily Drop, Contrasting Stellar Recent and Yearly Gains

Burnaby, Canada / New York, NY – Shares of pioneering quantum computing firm D-Wave Quantum Inc. (New York Stock Exchange: QBTS) experienced a significant downturn in today’s trading, with the stock price at 16.60 USD. This represents a substantial decrease of 1.23 USD, or -6.87%, as of 19:51 GMT+5:30.

This sharp daily decline for QBTS shares follows a previous close of 17.83 USD. However, today’s drop starkly contrasts with the stock’s explosive performance over recent months and the past year. Despite the daily volatility, D-Wave stock has surged by an incredible +133.38% over the last month and an astounding +310.15% over the past six months. Year-to-date, the shares are up +94.94%.

The one-year performance for QBTS is exceptionally remarkable, with investors seeing a gain of +1,190% (1.19 K%). The stock has also gained +5.74% over the last five days. The all-time performance for D-Wave Quantum on the New York Stock Exchange stands at +61.66%, indicating that while volatile, the company has delivered significant returns since its listing, especially in the more recent past.

As a company at the forefront of quantum computing technology, specializing in quantum annealers, D-Wave’s stock is often subject to high volatility, reflecting the speculative nature and high growth potential of the quantum sector.

Investors in the rapidly evolving field of quantum computing will be closely monitoring D-Wave’s technological advancements, commercial adoption, and the broader market sentiment towards high-growth technology stocks to assess the future trajectory of QBTS shares.

Frequently Asked Questions (FAQ) about D-Wave Quantum Inc. (QBTS)

Q1: What is the current stock price of D-Wave Quantum Inc. (QBTS)?
A1: As of the latest update (19:51 GMT+5:30), the stock price of D-Wave Quantum Inc. (QBTS) was 16.60 USD.

Q2: How much did the D-Wave Quantum Inc. (QBTS) stock price change today?
A2: The QBTS stock price decreased by 1.23 USD, which represents a change of -6.87% for the day so far.

Q3: What is the stock ticker and exchange for D-Wave Quantum Inc.?
A3: The stock ticker for D-Wave Quantum Inc. is QBTS, and it is traded on the New York Stock Exchange (NYSE).

Q4: What was the previous closing price for QBTS?
A4: The previous closing price for D-Wave Quantum Inc. (QBTS) was 17.83 USD.

Q5: How has D-Wave Quantum Inc. (QBTS) stock performed recently?
A5:

• 1 day: -7.02% (as per summary box, reflecting performance since previous close)

• 5 days: +5.74%

• 1 month: +133.38%

• 6 months: +310.15%

• Year to date: +94.94%

Q6: What is the longer-term performance of D-Wave Quantum Inc. (QBTS) stock?
A6:

• 1 year: +1,190% (or +1.19 K%)

• All time: +61.66%

Q7: What kind of company is D-Wave Quantum Inc.?
A7: D-Wave Quantum Inc. is a Canadian quantum computing company. It designs and manufactures quantum computers based on quantum annealing technology and provides related software and services. It is considered a pioneer in the commercialization of quantum computers.

Q8: Where can I find more detailed charts and information for D-Wave Quantum Inc. (QBTS)?
A8: Detailed stock charts and financial information for D-Wave Quantum Inc. (QBTS) can typically be found on major financial news websites, brokerage platforms, and the New York Stock Exchange (NYSE) official website. The chart in the image is provided by TradingView.