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Why Shares of D-Wave Quantum Are Sinking This Week

The Motley Fool
Summary
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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.