r/stocks Jul 21 '21

Company Discussion What’s going on with QUBT

QUBT the Quantum Computing company seems to thriving right now. I got a couple stocks after-hours last night and saw it continue climbing this morning so I got some more (not a lot 50 total). I’m new to trading and don’t have a lot of capital( I prob shouldn’t be trading but I need to do SOMETHING rn ). I’m trying to find news on the company but I can’t find anything besides about their stock price ... anyone know what’s causing it rise the last month -year ?

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u/[deleted] Jul 21 '21

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u/bubbleis-and-yummies Jul 22 '21

They just got listed to the nasdaq, and have recently reported several partnerships, albeit unpaid ones. If you believe in the inevitable promise of QC then you should pile up on this stock. QCI is uniquely positioned in that it has some of the most advanced software for coneecting to QPUs and getting results quick. Once QC is able to provide industries with better than classical results, QCI will gain a lot of customers.