BUZZ-Quantum computing stocks rise after D-Wave Quantum's results

Reuters
05-08
BUZZ-Quantum computing stocks rise after D-Wave Quantum's results

** Shares of quantum computing stocks rise after D-Wave Quantum QBTS.N posts Q1 revenue above Wall Street estimate

** Shares of QBTS surge 30% to $8.89

** Quantum Corp QMCO.O up 5.2%, Rigetti Computing RGTI.O rises 8.2%, Quantum Computing QUBT.O jumps 9.2%

** QBTS posts Q1 revenue of $15 million, surpassing analysts' average estimate of $10.6 million, according to data compiled by LSEG

** Including session's moves, QBTS down 18%, QUBT down 57.2%, RGTI down 39.4% and QMCO down 79.8% YTD

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com))

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