D-Wave Quantum’s Stock Price Crashed Nearly 40% in November. What’s Next For The Quantum Computing Company?
Key Points
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D-Wave’s stock suffered one of the worst declines among quantum computing companies in November.
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Shares have recovered somewhat in recent days after a Nobel laureate helped renew hopes that the U.S. government could invest in the industry.
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While it was far from the only quantum computing company stock to see red in November, D-Wave Quantum‘s (NYSE: QBTS) 38.8% drop was one of the worst — only Rigetti Computing‘s shares fell further.
Thankfully for investors, shares of D-Wave have recovered somewhat in the first few days of December, but they remain more than 36.5% off their October high. Here’s what’s going on and what might be in store…
