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Benzinga
3 days

Trending Quantum Stocks—Rigetti And D-Wave Are Popping

1. Quantum stocks trending after significant social media attention this week. 2. Rigetti Computing secured $5.7M purchase orders, boosting investor confidence. 3. D-Wave Quantum's price target raised from $22 to $33, showing strong analyst support. 4. Industry showing competitive positive trends across quantum computing sectors. 5. New players like Q/C Technologies entering quantum space, indicating market evolution.

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FAQ

Why Bullish?

D-Wave's price target increase suggests strong future prospects. Historical trends show similar announcements boost stock prices significantly.

How important is it?

Analyst confidence in D-Wave highlights potential industry growth, positively impacting QBTS. General positive sentiment in quantum sector can influence QBTS's stock performance.

Why Short Term?

Immediate positive reactions expected from price target boosts and market trends. Short-term market fluctuations likely based on ongoing news cycles.

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