Quantum Computing Stock Plummets Despite Major Telecom Partnership

In a surprising market reversal, D-Wave Quantum shares experienced a dramatic 12% decline even as the company announced a significant strategic alliance with telecommunications leader Comcast. The sell-off occurred despite news of a joint quantum laboratory initiative involving Comcast and Classiq focused on network optimization, with investors instead focusing on what appears to be an overheated valuation.

The market reaction contrasted sharply with the partnership announcement, with D-Wave Quantum stock closing at $25.31 after the 12% drop. Trading activity surged dramatically, reaching 68.7 million shares—nearly matching the entire average daily trading volume.

This correction follows an extraordinary period of gains for the quantum computing specialist:
* Monthly performance showing 71% appreciation
* Three-month returns of 80%
* Year-to-date 2025 surge of 2,622%

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