D-Wave Quantum at-the-market offering
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•Business
Business & Economics
Why Shares of D-Wave Quantum Are Sinking This Week

73% Informative
D-Wave Quantum announced an at-the-market offering to potentially raise hundreds of millions of new capital.
The offering could be dilutive to shareholders.
The news is disappointing because it comes during a week when Nvidia 's CEO Jensen Huang praised quantum computing.
The company's stock is up 1,268% over the last year and trades at 191 times forward sales.
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