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D-Wave Quantum (QBTS) set a new 52-week high of $11.95 on March 17 on the back of recent innovations announced by the quantum computing. One recent breakthrough is in the blockchain industry, and the excitement has already driven up the stock.
These breakthroughs are why D-Wave has defied gravity for the past few weeks. Most quantum computing stocks have corrected in the year to date. QBTS was the only major quantum computing stock that made new highs in March. Investors should note, however, that its shares are still down 2% in 2025.
