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Stock impact report

Should You Buy D-Wave Quantum Stock While It's Under $30? [Yahoo! Finance]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Yahoo! Finance
It's too early to pick winners in the quantum computing race, even in the less crowded quantum annealing subsector. A 40% pullback from speculative highs doesn't automatically make a stock cheap. 10 stocks we like better than D-Wave Quantum › Quantum computing specialist D-Wave Quantum (NYSE: QBTS) has been on a thrill ride recently. As of Dec. 10, the stock has gained an eye-popping 2,470% from Nov. 1, 2024. It's also down 40% from October's all-time peak. Trading at $27.30 per share at the moment, D-Wave's stock is back below $30 per share after soaring as high as $46.75. Is this dip a great time to load up on D-Wave stock? In a word: No. I mean, I get it. D-Wave is working in one of the most exciting industries in recent memory. Quantum computing should eventually disrupt all sorts of number-crunching tasks, from financial analysis and medical research to cryptography and process optimization. D-Wave walks a different path than today's peers. From IonQ and Rigetti Co Show less Read more
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