Why D-Wave Quantum (QBTS) stock is slipping today as quantum IPO plans grab attention
D-Wave Quantum shares fell 0.5% to $29.99 Thursday afternoon, reversing gains from the previous session. Honeywell said Quantinuum plans to file a confidential S-1 for a potential IPO. D-Wave’s $550 million Quantum Circuits acquisition is expected to close by late January. Trading volume for D-Wave reached about 32 million shares.