If You'd Invested $1,000 In D-Wave Stock 3 Years Ago, Here's How Much You'd Have Today

• Interest successful D-Wave Quantum and different pure-play quantum stocks exploded past year.

• The institution went nationalist successful the summertime of 2022 and saw its banal plummet soon thereafter.

• 10 stocks we similar amended than D-Wave Quantum ›

D-Wave Quantum (NYSE: QBTS) has captured the imaginativeness of investors who judge that its exertion volition beryllium revolutionary. In the past twelvemonth alone, the banal terms is up by much than 400% arsenic investors rushed into the quantum trade. But what if you had invested 3 years ago, conscionable months aft the company's entranceway into the nationalist market?

D-Wave went nationalist via a peculiar intent acquisition institution (SPAC) merger successful August 2022, debuting astatine $10 per share. It past cratered to beneath $2 a stock by mid-December.

If you'd invested $1,000 astatine that brutal low, you'd person astir $17,700 contiguous with shares trading conscionable shy of $30. That's rather a return.

Here's the uncomfortable truth, though: D-Wave generated conscionable $24.14 cardinal successful income implicit the past 12 months. The institution trades astatine a marketplace headdress exceeding $10 billion. That's a price-to-sales ratio northbound of 400. The institution had a nett nonaccomplishment of astir $400 cardinal successful the aforesaid period.

Before chasing "what if" returns connected speculative tech stocks, retrieve that D-Wave astir faced delisting conscionable 18 months ago, and its emergence since has been fueled chiefly by hype and speculation, axenic and simple. The quantum computing thesis is compelling long-term, but the exertion remains acold excessively experimental astatine this constituent to leap successful astatine this valuation.

Before you bargain banal successful D-Wave Quantum, see this:

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