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Why D-Wave Quantum Stock Keeps Going Up

TheMotleyFool

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Why D-Wave Quantum Stock Keeps Going Up: https://g.foolcdn.com/editorial/images/871398/neon-quantum-computing-sign-floats-in-a-sea-of-qubits.jpg

Yesterday, as you've probably heard, The Wall Street Journal reported on a Trump Administration plan to award $2 billion in grants to nine quantum computing companies -- D-Wave Quantum (NYSE: QBTS) among them -- and to take U.S. government equity stakes in the companies in return. D-Wave stock started moving one day before the announcement, then rocketed higher yesterday -- and higher again today.

Up 17.2% through 11:20 a.m. Friday, D-Wave shares have gained an astounding 66% in just three days of trading, and investors are wondering: Is any price too high to pay for this quantum computing stock?

Image source: Getty Images.

Source Fool.com

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