D-Wave's 22% Surge: What's Behind the December Rally?

D-Wave logo overlaying a quantum computing chip. Key Points After more than a month of sharp declines, shares of D-Wave Quantum suddenly spiked 22% in the first few days of December. The company announced a new government-focused business unit, sparking speculation about future U.S. defense contracts. High R&D costs and a long path to profitability continue to make D-Wave a speculative investment despite short-term rallies. Interested in D-Wave Quantum Inc.? Here are five stocks we like better. D-W ...