Is D-Wave's Dip an Opportunity or Red Flag?
The quantum computing company recently pivoted to a dual-track product road map.
Overview
D-Wave Quantum (NYSE: QBTS) is leaving investors with more questions than answers right now. The stock has slid close to 20% over the past month as Wall Street struggles to answer whether quantum computing can ever deliver sustainable growth and profits. Investors are wondering whether this significant price dip is an opportunity or a red flag.
The sell-off is mostly due to a shift in D-Wave's product road map. The change includes adding a gate-model quantum computing track alongside its original focus on annealing-only.
Details
The bulls and bears surrounding D-Wave are ultimately focused on the same thing: the technology's long-term commercial viability. Its systems are already out in the world working on difficult optimization problems, and if this trend continues, it will be a leader in the industry for a long time to come.
Source
Originally published at www.fool.com.