Why Did D-Wave Quantum Stock Fall 16.6% This Week?
D-Wave Quantum shares fell 16.6% this week after CFO John Markovich's surprise retirement rattled investors already uneasy about the quantum computing stock's mounting losses.
Overview
D-Wave Quantum (NASDAQ: QBTS) stock fell this week, finishing down 16.6% by the market's close on Friday, Aug. 28, 2026, following the company's announcement that a key C-suite executive would be departing.
The S&P 500 and Nasdaq Composite are both up this week, gaining 1.1% and 1.8%, respectively.
Details
On Tuesday, Aug. 25, D-Wave announced that Chief Financial Officer (CFO) John Markovich is retiring, effective Sept. 2, 2026. He will be replaced by Greg Golkov, the company's senior vice president of finance.
Source
Originally published at www.fool.com.
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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.