D-Wave Quantum Inc. (QBTS) stock soared 5.05% in pre-market trading on Tuesday, riding the wave of a broader rally in quantum computing stocks. The surge comes as investors show renewed interest in the futuristic technology sector.
The quantum computing industry witnessed significant gains across the board in overnight trading. Notable performers included QMCO, up 7%, ARQQ, rising 5%, and IONQ, climbing 4%. Other players in the sector, such as Sealsq and QUBT, also saw gains of around 3%. D-Wave Quantum's pre-market jump aligns with this sector-wide trend, reflecting growing investor optimism in the potential of quantum computing technologies.
This recent surge follows a period of heightened interest in D-Wave Quantum, which saw a dramatic 28% increase in its stock price in a recent trading session. While quantum computing remains a nascent field, such movements suggest that investors are increasingly recognizing its long-term potential and positioning themselves accordingly in the market.