Quantum Computing (QUBT) Jumps 9.7% on Bargain-Hunting

Group 1 - Quantum Computing Inc. (NASDAQ:QUBT) experienced a significant rally, increasing by 9.73% to close at $12.07, following a previous 30% drop in October [1][2] - The company's recent performance reflects broader market optimism ahead of the Federal Open Market Committee meeting, where a 25-basis point rate cut is anticipated [2] - In Q3, Quantum Computing reported a net income of $2.38 million, a turnaround from a net loss of $5.67 million in the same period last year, driven by a $9.2 million gain from derivative liability and $3.5 million in interest income [3] Group 2 - Revenues for Quantum Computing surged by 280% year-on-year, reaching $384,000, attributed to research and development services and custom hardware contracts [3]