Why Quantum Computing Stock Popped, Then Dropped

Key Points Quantum Computing raised $500 million in new cash from a private stock offering this week. The quantum computing stock says it now has $850 million in the bank. Annual cash burn today is less than $10 million. 10 stocks we like better than Quantum Computing › Shares of eponymous quantum computing company Quantum Computing Inc. (NASDAQ: QUBT), also known as QCi, soared more than 13% in early trading Friday before turning tail and giving up nearly all their gains. As of 11 a.m. ET, QCi ...