D-Wave Quantum Drops Almost 9% As QBTS Grabs Attention Again
D-Wave Quantum plunged 8.94% to $23.52 as investors dumped speculative tech stocks ahead of key inflation data, despite the company touting a 1,994% surge in Q1 bookings and a potential $100 million federal award that is not yet finalized; revenue fell 81% and D-Wave posted an $18.4 million net loss, with rivals IonQ, Rigetti, and Quantum Computing Inc. also down about 9–10%.