D-Wave Quantum (QBTS) stock edges up as 10.4 million shares line up for resale after Quantum Circuits deal
D-Wave shares rose 0.5% to $27.17 Wednesday after completing its Quantum Circuits acquisition. A new filing allows former Quantum Circuits holders to sell up to 10.43 million D-Wave shares, with no proceeds going to D-Wave. Investors are watching for selling pressure and product updates at next week’s Qubits conference.