Quantum Computing Inc. (QUBT) led last week's market performance with a 150% gain, highlighting the growing interest in quantum computing technology, which promises revolutionary advancements in computing power.
D-Wave Quantum Inc. (QBTS) and Rigetti Computing, Inc. (RGTI) also showed significant gains, with 37% and 33%, respectively. This reflects their roles in advancing quantum computing systems and software, with recent partnerships like D-Wave's collaboration with NTT DOCOMO for network optimization.
IonQ, Inc. (IONQ) experienced a 38% increase, following leadership changes and industry recognition, demonstrating the sector's dynamic growth and its potential impact across various technology sectors.
Weekly performance: Quantum stocks dominated the market last week.
Last week's top performers in terms of gain:
$QUBT Quantum Computing Inc: +150.00%
$IONQ IONQ Inc: +38.00%
$QBTS D-Wave Quantum Inc: +37.00%
$RGTI Rigetti Computing Inc: +33.00%
$TEVA Teva Pharmaceutical Industries: +34.00%
$BB BlackBerry Ltd: +32.00%
$SOUN SoundHound AI Inc: +24.00%
$NSANY Nissan Motor Co Ltd: +21.00%
$LCID Lucid Group Inc: +17.00%
$SEDG Solaredge Technologies Inc: +15.00%
$DRI Darden Restaurants, Inc.: +13.00%
$DOCS Doximity Inc: +10.00%
$GME GameStop Corp: +8.40%
$LI Li Auto Inc: +7.80%
$JBL Jabil Inc: +7.60%
$PLTR Palantir Technologies Inc: +7.30%
$CHPT ChargePoint Holdings Inc: +6.60%
$ALK Alaska Air Group Inc: +7.40%
$BA Boeing Co: +6.30%
$APP Applovin Corp: +5.70%
$SAGE SAGE Therapeutics Inc: +5.50%
$PLUG Plug Power Inc: +8.70%
$TCEHY Tencent Holdings ADR: +5.20%
$FOXA Fox Corp Class A: +5.10%
Ibotta Inc., mentioned in the post with a -18.00% return, is a mobile technology company known for providing purchase cash-back rewards. It recently became a publicly traded company in April 2024, listed on the NYSE under the ticker symbol IBTA.
Upstart Holdings Inc., with a -19.00% return, is a company involved in AI lending technology. Recently, Kaua'i Federal Credit Union selected Upstart for personal lending, which might influence investor perceptions of the company's growth potential.
Novo Nordisk A/S, listed with a -21.00% return, is a global healthcare company focused on defeating diabetes and other chronic diseases. It is known for its commitment to using 100% renewable power in production facilities and its recent strategy to achieve zero environmental impact.
Weekly performance:
Last week's worst performers in terms of return:
$BNED Barnes & Noble Education Inc: -24.00%
$NVO Novo Nordisk A/S: -21.00%
$UPST Upstart Holdings Inc: -19.00%
$IBTA Ibotta Inc: -18.00%
$MP Mp Materials Corp: -17.00%
$ARM Arm Holdings PLC - ADR: -14.00%
$BITF Bitfarms Ltd: -14.00%
$MU Micron Technology Inc: -14.00%
$CELH Celsius Holdings Inc: -14.00%
$VRTX Vertex Pharmaceuticals Inc: -14.00%
$XPO XPO Inc: -14.00%
$MARA MARA Holdings Inc: -13.00%
$PZZA Papa John's International Inc: -13.00%
$MSTR MicroStrategy Inc: -13.00%
$NU Nu Holdings Ltd: -13.00%
$RIOT Riot Platforms Inc: -12.00%
$CTAS Cintas Corp: -12.00%
$OC Owens Corning: -12.00%
$COIN Coinbase Global Inc: -11.00%
$PAYC Paycom Software Inc: -11.00%
$WBD Warner Bros Discovery Inc: -11.00%
$HIMS Hims & Hers Health Inc: -6.30%
