If You Invested $1,000 in D-Wave Quantum Stock 3 Years Ago, This Is How Much You Would Have Today
The quantum computing pure play plunged after its 2022 debut, but the stock made a spectacular recovery after 2023.
Overview
D-Wave Quantum (NASDAQ: QBTS) stock got off to a rough start following its debut on the market in August 2022, when it went public via a reverse merger with a special purpose acquisition company (SPAC). By the end of 2023, it had lost over 90% of its value.
However, investors who waited until the end of 2023 to open a position are likely very happy with their purchase of the quantum computing stock, and here's why.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.