D-Wave Quantum Stocks Rise 18.8% After-Hours on AT&T Partnership News

Quantum computing stocks including D-Wave Quantum (NYSE: QBTS) rose in after-hours trading on May 27 (local time) following an announcement that AT&T would expand its use of D-Wave technology in network operations. D-Wave closed regular trading down 5.20% at $16.21 but surged 18.8% after-hours, while Rigetti Computing (NASDAQ: RGTI) gained 10.53% during the session before declining 2.17% post-market. The gains came amid significant year-to-date volatility, with most quantum stocks down over 30% in 2026.

D-Wave Quantum Gains 18.8% After-Hours on May 27

D-Wave Quantum fell 5.20% to $16.21 during regular trading hours on May 27 (local time) on the New York Stock Exchange, according to Yahoo Finance on the 28th. The stock then rose 18.8% in after-hours trading.

Rigetti Computing rose 10.53% during the regular session but declined 2.17% after market close.

IonQ (NYSE: IONQ) stocks gained 8.81% in regular trading before falling 1.33% after-hours.

IBM (NYSE: IBM) stocks closed regular trading up 0.98% and fell 0.46% in after-hours trading.

AT&T Expands D-Wave Technology in Network Operations

Yahoo Finance reported that AT&T announced it would expand the application of D-Wave Quantum's technology in its network operations. The agreement between the two companies, based on a prior pilot project, aims to optimize telecom operations.

Quantum Stocks Fall Over 30% Year-to-Date

Quantum computing stocks have experienced considerable volatility in 2026, with most falling more than 30% year-to-date.

US Commerce Department Announced $2 Billion Quantum Subsidies in May

Quantum stocks surged after the US Commerce Department announced in May that it would provide a total of $2 billion in subsidies to quantum computing industry companies including IBM to foster the sector.

FAQ

What happened to D-Wave Quantum stocks on May 27?

D-Wave Quantum stocks fell 5.20% to $16.21 during regular trading on May 27 (local time) but rose 18.8% in after-hours trading following AT&T's announcement to expand D-Wave technology use in network operations.

Why did quantum computing stocks rise after-hours on May 27?

Quantum stocks rose after AT&T announced it would expand the application of D-Wave Quantum's technology in its network operations, based on a prior pilot project aimed at optimizing telecom operations.

How have quantum stocks performed in 2026?

Most quantum computing stocks have fallen more than 30% year-to-date in 2026, demonstrating considerable volatility despite the US Commerce Department's announcement in May of $2 billion in subsidies for the quantum computing industry.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments