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Stock impact report

D-Wave Quantum Inc. (QBTS) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Yahoo! Finance
The stock exceeded the S&P 500, which registered a loss of 0.65% for the day. On the other hand, the Dow registered a loss of 0.49%, and the technology-centric Nasdaq decreased by 0.96%. Heading into today, shares of the company had gained 4.04% over the past month, outpacing the Computer and Technology sector's gain of 2.19% and the S&P 500's gain of 3.27% in that time. The investment community will be paying close attention to the earnings performance of D-Wave Quantum Inc. in its upcoming release. The company is slated to reveal its earnings on March 28, 2024. On that day, D-Wave Quantum Inc. is projected to report earnings of -$0.10 per share, which would represent year-over-year growth of 16.67%. Meanwhile, our latest consensus estimate is calling for revenue of $4.86 million, up 102.29% from the prior-year quarter. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for D-Wave Quantum Inc. Recent revisions tend to reflect t Show less Read more
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