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MarketBeat
MarketBeat
Business
Nathan Reiff

D-Wave: Time to Buy the Dip? Or is the Fall Just Starting?

Although the final hours of the Nov. 17 trading week were a bright spot, quantum computing firm D-Wave Quantum Inc. (NYSE: QBTS) generally failed to reverse its share price cooldown, which had been ongoing for the most part throughout the month.

Despite one-year returns of more than 600%, the past month has seen D-Wave shed more than a third of its market value. To be sure, D-Wave is not alone, as many quantum computing firms have experienced a sharp decline in recent weeks, and the wider industry has struggled significantly as the year comes to a close.

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