Analysis:Futuristic quantum computing stocks take speculators on roller-coaster ride
Investors in pure-play quantum computing stocks are grappling to value these futuristic companies, making prices highly volatile for the latest hot trend on Wall Street.
Rigetti, IonQ, D‑Wave Quantum and Quantum Computing Inc are racing to turn quantum theory into machines that could crack problems beyond the scope of today’s computers, possibly assisted by artificial intelligence.
This could revolutionize a wide range of fields from cryptography to drug discovery. Buzz around these companies has seen their shares soar by 100 per cent or more this year alone.
“All of a sudden, it feels like science fiction has moved into the world of real technological possibility,” said Sylvia Jablonski, chief investment officer of Defiance ETFs, who…
