Why Quantum Computing Stock Skyrocketed Today
Quantum Computing (NASDAQ: QUBT) stock recorded a day of big gains in Wednesday's trading. The tech specialist's share price rose 10.8% in a daily session that saw the S 500 rise 0.4% and the Nasdaq Composite jump 0.9%.
Quantum Computing's share price jumped today amid potentially bullish macroeconomic indicators and excitement surrounding its corner of the technology sector. New coverage from Cantor Fitzgerald actually suggested that the stock could have significant downside risk, but expectations that the broader quantum-computing space will continue to see big winners helped push the stock higher.
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Source Fool.com
