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D - Wave Quantum (NASDAQ: QBTS) Stock Price Down 6. 4% Following Analyst Downgrade
Shares of D-Wave Quantum Inc. (NASDAQ:QBTS – Get Free Report) were down 6.4% on Tuesday after Zacks Research downgraded the stock from a strong-buy rating to a hold rating. The company traded as low as $19.46 and last traded at $19.53. Approximately 12,840,482 shares traded hands during trading, a decline of 56% from the average daily volume of 29,045,033 shares. The stock had previously closed at $20.87. A number of other research firms have also weighed in on QBTS. Rosenblatt Securities reiterated a “buy” rating and issued a $43.00 price target on shares of D-Wave Quantum in a research…
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