On July 27, D-Wave Quantum Inc. rose 11.66% in regular trading, trading at $17.95/share, with turnover of $53.46 million. The stock surged on the announcement that AT&T signed a new agreement to expand the deployment of D-Wave's quantum computing technology across its network operations.
According to the agreement, AT&T will further integrate D-Wave's quantum annealing technology into tools supporting its agentic AI solutions, enhancing efficiency in network planning, traffic management, and fault diagnosis. In previous collaboration, AT&T leveraged D-Wave's technology to optimize network workloads, compressing processing time from approximately one hour to under 15 seconds. For AT&T, advancing quantum computing from laboratory to production-grade applications represents a strategic move to maintain technological leadership in the competitive telecommunications market.
Additionally, July 27 marks D-Wave Quantum's first trading day on Nasdaq after voluntarily transferring its listing from the New York Stock Exchange, effective after market close on July 24. The transfer is generally viewed as a move by technology growth companies to enhance valuation visibility.
(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.)