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Benzinga
Benzinga
Business
Henry Khederian

D-Wave Quantum (QBTS) Stock Hit A New 52-Week High Today: What's Going On?

QBTS WAVE Trump Administration DWave
D-Wave Quantum Inc

D-Wave Quantum Inc (NYSE:QBTS) shares hit to a new 52-week high on Friday. Shares of quantum-related stocks are trading higher on a report indicating the Trump administration plans an expansion of quantum strategy.

Per a Friday report from CyberScoop, the Trump administration is planning a significant expansion of the U.S. quantum computing strategy, considering new executive orders or a national action plan to defend against future quantum-enabled cyberattacks and maintain the nation’s technological leadership.

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