D - Wave Quantum (NASDAQ: QBTS) Trading Up 1. 2% – Here Why

D-Wave Quantum Inc. (NASDAQ:QBTS – Get Free Report)’s stock price traded up 1.2% during mid-day trading on Monday . The stock traded as high as $17.35 and last traded at $17.20. Approximately 11,529,087 shares were traded during trading, a decline of 59% from the average session volume of 28,391,535 shares. The stock had previously closed at $16.99. Several brokerages have weighed in on QBTS. Jefferies Financial Group set a $40.00 price target on D-Wave Quantum in a report on Friday, August 7th. Weiss Ratings upgraded shares of D-Wave Quantum from a “sell (e+)” rating to…