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Stock impact report

Is ARQIT QUANTUM (ARQQ) Outperforming Other Computer and Technology Stocks This Year? [Yahoo! Finance]

Arqit Quantum Inc. (ARQQ) 
Company Research Source: Yahoo! Finance
Has Arqit Quantum Inc. (ARQQ) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. Arqit Quantum Inc. is a member of the Computer and Technology sector. This group includes 613 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Arqit Quantum Inc. is currently sporting a Zacks Rank of #2 (Buy). Over the past three months, the Zacks Consensus Estimate for ARQQ's full-year earnings has moved 9.5% higher. This Show less Read more
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