Why Did Quantum Computing Stock Pop Today?
Valued at only $2.2 billion in market capitalization, Quantum Computing (NASDAQ: QUBT) stock may have the best name in the quantum computing industry -- but it's still one of the smaller stocks in this industry. Despite what you may be seeing happen with the stock price today, however, I fear Quantum Computing may be destined to stay small.
Shares of Quantum Computing leapt 16% through 11:05 a.m. ET Thursday morning, after The Wall Street Journal reported the Trump Administration plans to award $2 billion in grants to nine quantum computing companies and take equity stakes to secure its investment in each.
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Source Fool.com
