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MarketBeat
MarketBeat
Nathan Reiff

2 Stocks to Watch as the Quantum Space Gets More Crowded

Quantinuum Cisco Honeywell WAVE HON IPO MarketBeat Nasdaq

A mid-April surge to nearly $22 a share was short-lived, and now D-Wave Quantum Inc. (NYSE: QBTS) is once again trending downward, as it has for much of the year so far.

There's no doubt that it is a difficult time for quantum computing stocks, with pressure mounting from investors for pure-play companies to prove their mettle by demonstrating that they can actually generate sales and profit. Despite some important progress in this direction, these goals remain elusive for D-Wave and many of its rivals.

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