Why Quantum Computing Stock Is Skyrocketing Today
Quantum Computing (NASDAQ: QUBT) stock is seeing another day of explosive gains Monday. The company's share price was up 24% as of 3:30 p.m. ET, amid a 0.8% gain for the S 500 (SNPINDEX: ^GSPC) and a 1.4% gain for the Nasdaq Composite (NASDAQINDEX: ^IXIC).
The broader market is moving higher today following indications that recent military flare-ups between Israel and Iran could de-escalate, and many speculative growth stocks are seeing outsized gains. In addition to the broader trend, Quantum Computing stock has continued to benefit from a surge in excitement surrounding quantum technologies.
Image source: Getty Images.
Source Fool.com
