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MarketBeat
MarketBeat
Business
Nathan Reiff

D-Wave: Reevaluating the Short Seller’s Case After the Downgrade

Like much of the quantum computing industry, D-Wave Quantum Inc. (NYSE: QBTS) has recently been on a high-flying ride. Shares have surged by more than 243% year-to-date (YTD) and nearly doubled in the last month alone. These gains pale compared to the stock's rally of almost 3,200% in the past year.

With an almost comically high price/sales ratio of 1,279.8, D-Wave could be among the most-hyped stocks currently available to investors.

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