D-Wave shares trade uneven after unveiling 2032 quantum targets
• D-Wave shares pared gains and traded flat by early afternoon, giving up an earlier intraday pop.• The company’s June 1 filing showed plans for a gate-model system aiming for 100 logical qubits by 2032.• Roth Capital, Rosenblatt, and B. Riley issued bullish notes following D-Wave’s Investor Day. D-Wave Quantum Inc. shares ended Tuesday close to flat. The stock had picked up early, but that move didn't last as traders took stock of the company's new gate-model quantum computing roadmap. Much of D-Wave's future potential looks already priced in.