D-Wave shares trade uneven after unveiling 2032 quantum targets

D-Wave Quantum Inc. shares traded higher on Monday afternoon after the company laid out its new gate-model quantum-computing roadmap at its first investor day on the New York Stock Exchange. D-Wave is targeting 100 logical qubits by 2032. Shares were recently up 1.2% at $30.50. That puts D-Wave’s market cap near $11.2 billion.

D-Wave Quantum Inc. shares edged lower before the bell Tuesday. The move follows a strong rally after the latest funding round, which saw the stock jump about 44.5% last week. The shares, traded in New York, were at $29.28 as of 5:56 a.m. EDT, off 0.4%. They closed Friday at $29.40, up 14.2% that day.