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D-Wave Quantum Stock Drops 5.68% on Second Consecutive Day of Losses, Ranks 60th in Daily Market Trading Volume
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 10, 2025 7:37 pm ET1min read
On June 10, 2025,
(QBTS) experienced a significant decline, with its stock price dropping by 5.68%, marking the second consecutive day of losses. The total trading volume for the day was 11.07 billion, placing it at the 60th position in the daily market rankings.D-Wave Quantum has entered into a sales agreement with multiple financial agents, including Needham,
, and Canaccord Genuity, for the issuance and sale of shares of its common stock. This strategic move aims to raise up to $400 million through the sale of common stock, as announced by the company in a recent filing.Analysts have predicted an average target price of $12.60 for D-Wave Quantum's stock, reflecting the market's expectations and the company's strategic initiatives. This agreement is part of D-Wave Quantum's broader strategy to secure additional capital for its ongoing operations and future growth.
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