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D-Wave: Reevaluating the Short Seller's Case After the Downgrade

D-Wave Quantum TodayQBTSD-Wave Quantum40.71+7.69 (+23.2840.71 +7.69 (+23.28%) 52-Week Range0.98▼41.97PriceTarget41.97Price Target20.27Add to WatchlistLike much of the quantum computing industry, D-Wave Quantum Inc. NYSE: QBTS has recently been on a high-flying ride. Shares have surged by more than 243% year-to-date (YTD) and nearly doubled in the last month alone. These gains pale compared to the stock's rally of almost 3,200% in the past year. With an almost comically high price/sales ratio of 1,279.8, D-Wave could be among the most-h ...