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Why D-Wave Quantum Stock Popped Today

The Motley Fool·
Why D-Wave Quantum Stock Popped Today

D-Wave Quantum stock jumped 7.2% after BMO Capital analyst Harsh Kumar initiated coverage with an outperform rating, citing the company's revolutionary quantum computing technology and commercial revenues. However, the analyst notes D-Wave remains unprofitable and is expected to continue losing money through 2030, despite projected sales growth to $444 million by that year.

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