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Barchart
Wajeeh Khan

Should You Buy D-Wave Quantum Stock on Its Post-Earnings Surge?

Quantum QBTS DWave Quantum

D-Wave Quantum (QBTS) stock rallied nearly 60% on Thursday, May 8 after the Canada-headquartered firm reported an exciting 500% year-over-year increase in its revenue to a record $15 million in Q1. 

Investors are cheering QBTS shares also because the quantum technology company narrowed its quarterly loss rather significantly to $5.4 million from a much higher $17.3 million a year ago. 

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