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Benzinga
Benzinga
Business
Henry Khederian

Why D-Wave Quantum (QBTS) Stock Is Getting Hammered Today

D-Wave Quantum Inc.

Shares of D-Wave Quantum Inc (NYSE:QBTS) are trading lower Wednesday afternoon, caught in a broader market downturn. The broader tech sector is facing headwinds from a Reuters report that the United States is considering new restrictions on exports to China involving U.S. software and technology. Here’s what investors need to know.

What To Know: This news is particularly concerning for the tech sector, as it could significantly limit access to the lucrative Chinese market, creating uncertainty for future revenue and growth.

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