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Stock impact report

Why the Market Dipped But D-Wave Quantum Inc. (QBTS) Gained Today [Yahoo! Finance]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Yahoo! Finance
The stock's change was more than the S&P 500's daily loss of 0.65%. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, lost 1.16%. The the stock of company has risen by 97.85% in the past month, leading the Computer and Technology sector's gain of 3.18% and the S&P 500's gain of 3.4%. The investment community will be paying close attention to the earnings performance of D-Wave Quantum Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.10, reflecting a 16.67% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $4.86 million, up 102.29% from the year-ago period. Investors might also notice recent changes to analyst estimates for D-Wave Quantum Inc. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Re Show less Read more
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