D-Wave Stock Gets $100 Million Government Boost, Faces Test After Holiday
• U.S. markets are closed for Memorial Day, with D-Wave last changing hands at $29.40 on Friday.• The stock surged after news of a possible $100 million CHIPS Act grant that would issue D-Wave shares to the government.• Next up, investors are watching for details on the final award, any dilution, and D-Wave’s investor day on June 1.