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D-Wave holds promising technology but faces high valuation pressure

The Motley Fool +1 ·

QBTS
QBTS D-Wave Quantum Inc
$12.10 +2.72%
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  1. 1D-Wave recently acquired Quantum Circuits.
  2. 2D-Wave recorded a $48 million loss in the second quarter.
  3. 3D-Wave's $4.47 billion market capitalization may be high relative to the growth its business provides.

So what's the key point?

D-Wave recently purchased Quantum Circuits. However, it lost $48 million and its company valuation may be too high compared to its growth.

Source The Motley Fool +1 · View original ↗

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