
As quantum computing leader D-Wave Quantum Inc. (NYSE: QBTS) announced the completion of its $400-million at-the-market equity offering, the company's share price spiked by more than 19% in under a week.
The offering, which poses a risk of dilution for D-Wave shareholders, seems to have generated, or at least coincided with, a new rush of enthusiasm for the company and its quantum annealing technology.