“Quantum 4” companies see valuations pump by 100% this year

The group of pure‑play Quantum computing stocks known on Wall Street as the “Quantum 4” has surged more than 100% this year. The four companies (Rigetti, IonQ, D‑Wave Quantum, and Quantum Computing Inc) have become the center of one of the market’s most heated trends, even as investors struggle to figure out what any of these valuations are actually supposed to mean. The pricing has been unstable, with wide swings happening in short periods. Traders and analysts are working to understand how to value technology that is still developing and is not yet widely commercialized. The companies are working to build machines that use Quantum theory to solve tasks that current computers cannot handle, possibly supported by artificial intelligence. Supporters say the technology could reshape areas such as cryptography and drug development. The wave of interest has led to sharp moves in share prices. Many investors are treating these companies...

https://www.cryptopolitan.com/quantum-4-names-pump-100-this-year/