Quantum computing stocks soar: IonQ, D-Wave, Rigetti, and QUBT are rising today. But why-and will it last?
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Quantum computing stocks soar: IonQ, D-Wave, Rigetti, and QUBT are rising today. But why-and will it last?
"Yesterday, the stock prices of America's four largest publicly traded quantum computing companies all rose significantly. As of yesterday's close, here's where the quantum computing companies' stock prices stood: IonQ, Inc. (NYSE: IONQ): up 6.23% to $33.59; D-Wave Quantum Inc. (NYSE: QBTS): up 5.31% to $19.65; Rigetti Computing, Inc. (Nasdaq: RGTI): up 6.98% to $17.63; Quantum Computing Inc. (Nasdaq: QUBT): up 7.03% to $8.68."
"The last two trading days have marked (so far) a dramatic reversal for the stock prices of these four companies. Since the beginning of the year, shares of all four companies had tumbled between 15% and 25% as of yesterday's close."
America's four largest publicly traded quantum computing companies experienced substantial stock price increases across two consecutive trading days. IonQ rose 6.23% to $33.59, D-Wave gained 5.31% to $19.65, Rigetti increased 6.98% to $17.63, and Quantum Computing Inc. climbed 7.03% to $8.68. The upward momentum continued into premarket trading the following day. This reversal marks a significant turnaround for these companies, which had all experienced notable declines since the beginning of the year, with shares falling between 15% and 25% prior to this rally.
Read at Fast Company
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