As the quantum computing industry matures, companies have begun to diverge in terms of stock performance. Firms that have recently been struggling are down sharply—D-Wave Quantum Inc. (NASDAQ: QBTS), for example, has seen its shares plunge by 33% year to date (YTD), partly due to an earnings report that many investors found concerning.
But even some companies with apparent strong sales momentum, such as IonQ Inc. (NYSE: IONQ), have had a tough time—IONQ's shares are down about 11% YTD despite its successes.