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MarketBeat
Leo Miller

D-Wave: Recent Updates Propel Shares Off 2025 Lows

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There has been a lot of news surrounding quantum computing stocks over the past two weeks. That is especially true for D-Wave Quantum (NYSE: QBTS). So far in 2025, shares are down over 24% as of mid-day trading on Jan. 24. Shares hit their low on the year on Jan. 13 after comments made by Meta Platforms (NASDAQ: META) Chief Executive Officer (CEO) Mark Zuckerberg. Zuckerberg said quantum computing is "still quite a ways off from being a very useful paradigm." D-Wave shares fell 33% afterward.

Since then, further news has come out, resulting in shares rallying over 66% from that low. Below, I’ll break down these recent developments. I’ll add further analysis surrounding D-Wave and the quantum industry.

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