Quantum Computing Inc. (QUBT) saw its shares soar 5.78% in pre-market trading on Monday, building on the momentum from a broader rally in quantum computing stocks. The significant pre-market gain comes as investors show increased interest in the quantum computing sector, with several companies in the space experiencing notable upward movements.
The rally in quantum computing stocks began in overnight trading, with various companies in the sector posting gains. Sealsq led the pack with a 6% increase, followed by Arqit Quantum rising 5%. Other notable movements included IONQ, Rigetti Computing, and Quantum Computing Inc. itself, which all saw gains of around 2-3% in overnight trading. This upward trend appears to have accelerated for QUBT in pre-market trading, resulting in the substantial 5.78% increase.
The surge in quantum computing stocks is part of a broader trend of investor interest in emerging technologies. Alongside quantum computing, other sectors such as cryptocurrency and rare earth elements also experienced significant gains in overnight trading. This suggests a general market optimism towards innovative and potentially disruptive technologies, of which quantum computing is a prime example. As the trading day progresses, investors will be watching closely to see if Quantum Computing Inc. can maintain its strong pre-market performance and if the overall sector rally continues.