Quantum Computing has seen a significant stock surge, driven by its Q3 2024 financial report. See why I rate QUBT stock as a hold.

Software stock Quantum Computing Inc (NASDAQ:QUBT) is soaring, up 20.8% at $7.37 at last glance, after a boost from Amazon.com (AMZN). Amazon Web Services (AWS) launched the Quantum Embark Program today, helping users solve problems using quantum mechanics.

Quantum Computing Inc. (NASDAQ:QUBT) has exploded by a jaw-dropping 408% in just the past month. It’s probably over $4 by the time you read this article. The stock has gone from trading around $0.71 to over $3.

Quantum Computing shares are trading higher today. Th company announced its first secured order for thin film lithium niobate (TFLN) photonic chip technology, marking a milestone for its foundry services.

Quantum Computing Inc. (NASDAQ:QUBT) shares are declining premarket on Friday. Yesterday, the company disclosed a securities purchase agreement to sell 16 million shares of common stock at $2.50 per share in a registered direct offering.

Quantum Computing Inc (NASDAQ:QUBT) shares are trading higher Wednesday after the company announced it received another purchase order for its photonic chip foundry.

Shares of Quantum Computing (NASDAQ:QUBT) surged about 13% on Monday, continuing its rally following a photonic chip order last week, and amid Amazon Web Services (AMZN) launching the Quantum Embark program.

Quantum computing stocks soared in premarket trading Monday following Amazon (NASDAQ:AMZN) Web Services' (AWS) announcement of its Quantum (NASDAQ:QMCO) Embark Program. Shares of quantum computing companies Quantum Computing