Quantum computing stocks have catapulted this year, especially after Dec. 9, whenAlphabet Inc.'s(NASDAQ:GOOG) (NASDAQ:GOOGL)Googleannounced its latest quantum chip, Willow. However, analysts have a negative consensus rating for these stocks.
What Happened:Quantum Computing Inc.stock surged by 52.95% on Thursday and 2,785.39% over the year but Citron Research has called this move the "most ridiculous" citing its spending on research and development.
Stocks of other companies, includingRigetti Computing Inc., andD-Wave Quantum Inc.have soared enormously, whereas other quantum computing players likeIONQ Inc.andInternational Business Machines.have seen modest growth.
| Stock | 5-Day Change | 1-Month Change |
| Quantum Computing Inc. (NASDAQ:QUBT) | 296.86% | 911.02% |
| Rigetti Computing Inc. (NASDAQ:RGTI) | 60.87% | 716.03% |
| D-Wave Quantum Inc. (NYSE:QBTS) | 108.37% | 501.34% |
| IONQ Inc. (NYSE:IONQ) | 27.99% | 34.46% |
| IBM (NYSE:IBM) | -5.23% | 4.72% |
The move...
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