NEW YORK, December 30, 2025, 1:03 PM ET — Regular session
- D-Wave Quantum shares rose about 2.6% to $26.82, outpacing a slightly lower broader market. Reuters
- Quantum “pure-play” peers IonQ, Rigetti and Quantum Computing also traded higher in the regular session.
- Traders are watching options-implied volatility and the company’s January CES Foundry appearance for any commercial updates. TipRanks
D-Wave Quantum Inc. shares climbed on Tuesday, extending a choppy year-end stretch for quantum-computing stocks as the group again outperformed a flat-to-weaker U.S. market. Reuters
The move matters because quantum names have become a high-beta pocket of the tech market, with swings amplified by thin holiday liquidity and active retail trading. Investors.com said the group saw a late-December pop followed by profit-taking in the sessions that followed. Investors
D-Wave has been one of the sector’s standout gainers in 2025, but the stock remains well off its highs, underscoring how quickly sentiment can shift heading into 2026. Investors
Shares of the Palo Alto, California-based company were up 2.6% at $26.82 in afternoon trading, after closing Monday at $26.15. Investors
The broader backdrop was subdued: the S&P 500 and Nasdaq were both down about 0.06% on the session, while the Dow was off about 0.15%. Reuters
The rally in QBTS came alongside gains in other quantum-computing stocks, with IonQ up about 2%, Rigetti up about 1% and Quantum Computing up about 1% in the regular session.
Company news has been sparse in the past week; D-Wave’s most recent press release was on Dec. 22, when it said it will sponsor the CES Foundry in Las Vegas on Jan. 7-8, 2026. D-Wave Quantum
In that release, D-Wave executive Murray Thom said the CES appearance “signals that the technology is quickly moving into the mainstream,” a message the company is expected to reprise as investors look for concrete customer traction. D-Wave Quantum
Derivatives activity is also in focus. TheFly said options flow in QBTS was modestly bullish, with calls leading puts and 30-day implied volatility near 96 — options-market shorthand for expectations of bigger day-to-day swings. TipRanks
TheFly estimated the implied volatility level translated into an expected daily move of about $1.55, a reminder that the stock can gap sharply even without a headline. TipRanks
For investors new to the space, D-Wave markets “quantum annealing,” a quantum approach aimed at finding good solutions to complex optimization problems, and it also says it is developing gate-model systems, a more general-purpose quantum computing architecture. D-Wave Quantum
Before the next major company update, traders are watching whether QBTS can hold recent support near the mid-$20s in thin year-end trading, and whether January events — CES Foundry and the Qubits 2026 user conference set for Jan. 27-28 in Florida, according to an SEC filing — generate new commercial detail. SEC