On August 18, D-Wave Quantum Inc. fell 6.26% in regular trading, trading at $20.125/share, with turnover of $28.10 million.

The decline is a continuation of selling pressure following the company's Q2 earnings report, which significantly missed Wall Street expectations. D-Wave reported a quarterly loss of $(0.13) per share, missing the analyst consensus estimate of $(0.10) by 30 percent, representing a 62.5% widening of losses compared to $(0.08) per share in the year-ago period. Revenue came in at $3.076 million, well below the $4.025 million estimate. On the day of the earnings release, shares plunged over 9%, and the market's concerns over the company's commercialization progress have continued to suppress the stock.

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers cloud-based quantum access, hybrid solvers, and professional services guiding enterprises from problem discovery through production implementation across logistics, financial services, drug discovery, and other industries.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)