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Quantum Computing (QUBT), a pure-play quantum computing company, will join the Russell 3000 Index on June 27. This inclusion, as part of FTSE Russell’s annual index reconstitution process, has the potential to spur greater trading and institutional demand, as more than $10 trillion in assets follow these indexes.
Shares in QUBT have already gained almost 82% in the last month, fueled by enthusiasm for this milestone and recent contract wins. Outside of this index inclusion, increased interest in emerging quantum technologies and photonics innovation continues unabated.