Reported 2 days ago
Shares of D-Wave Quantum have dropped nearly 15% this week following the announcement of an at-the-market offering aimed at raising up to $400 million, which could dilute current shareholders. Despite positive remarks about quantum computing from Nvidia's CEO, the market reacted negatively to D-Wave's capital increase plans, reflecting investor apprehension around the company's high valuation and its ongoing growth strategy.
Source: YAHOO