Stock Market Today, July 27: D-Wave Surges on Nasdaq Debut and Expanded AT&T Deal
D-Wave jumped 20% after an expanded AT&T partnership for quantum network optimization, today, July 27, 2026.
Overview
D-Wave Quantum (NASDAQ:QBTS), a quantum computing systems and services provider, closed at $19.51, up 20.36%. An expanded agreement with AT&T (NYSE:T) and the stock’s Nasdaq listing debut drove the move. Investors will now be watching the next earnings report.
Trading volume reached 47.2 million shares, coming in about 54% above its three-month average of 30.6 million shares. D-Wave Quantum IPO'd in 2020 and has grown 92% since going public.
S&P 500 (SNPINDEX:^GSPC) rose 0.02% to 7,413, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 0.18% to 24,932. In quantum computing systems, software, and services, IonQ (NYSE:IONQ) closed at $35.91, up 9.35%, and Rigetti Computing (NASDAQ:RGTI) closed at $15.64, up 10.53%, as investors reacted to D-Wave's expanded AT&T deal and Nasdaq listing.
Details
D-Wave transferred its listing from the New York Stock Exchange to Nasdaq, with trading beginning today. While that could add a market-related tailwind from publicity and potentially improved liquidity, it isn’t the main reason for the stock’s 20% move.
Source
Originally published at www.fool.com.