Stock Track | Quantum Computing Inc. Surges 5% in Premarket, Continuing Quantum Computing Sector Rally

Stock Track
23 May

Quantum Computing Inc. (QUBT) is poised for another strong day, soaring 5.01% in Friday's premarket trading. This surge continues the upward momentum seen in the quantum computing sector, which has been rallying since Thursday.

The ongoing enthusiasm in quantum computing stocks was initially sparked by bullish comments from IonQ's CEO, Niccolo de Masi. In an interview with Barron's, de Masi ambitiously stated that IonQ aims to become "the Nvidia of quantum computing." This statement has ignited investor interest across the entire sector, leading to significant gains for several quantum computing companies.

While Quantum Computing Inc. didn't release any company-specific news, it's benefiting from the positive sentiment surrounding the quantum computing industry. The stock's premarket jump follows a 5.05% increase on Thursday, indicating sustained investor optimism. However, it's important to note that most companies in this sector, including QUBT, are still in early development stages and have yet to achieve profitability. As such, these stock movements are largely driven by future potential rather than current financial performance.

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