Quantum Computing Inc. (QUBT) experienced a significant surge, soaring 18.11% in a 24-hour period. This impressive gain comes as part of a broader rally in quantum computing stocks observed in overnight trading.
The quantum computing sector as a whole saw notable increases, with Quantum Computing Inc. leading the pack with its over 15% gain. Other quantum-related stocks also performed well, with SEALSQ up over 7%, and both IONQ and D-Wave Quantum rising around 2%. This sector-wide movement suggests growing investor interest in quantum computing technologies.
The rally in quantum stocks occurred against a backdrop of general strength in the technology sector. Major tech companies like Alphabet and Micron saw significant gains, up over 6% and 3% respectively. Chinese ADRs and Nvidia-linked shares also performed well, indicating a broadly positive sentiment in the tech market.