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MarketBeat
MarketBeat
Business
Nathan Reiff

D-Wave Pushes Back on Short Seller Case With Strong Earnings

After rising by an astonishing 683% in the last year, quantum computing firm D-Wave Quantum Inc. (NYSE: QBTS) has left investors divided. On one hand are the bulls who feel that the company's recent technological achievements have the potential to upend computing as we know it; these investors suspect that, despite signs of being overvalued, D-Wave has ample room to continue to ascend. 

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On the other hand, bearish investors suspect the company will eventually come crashing down, either due to overenthusiasm by other investors or failure to live up to its hype.

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