Undervalued Quantum Chain $QTUM
Recently, there has been a flurry of news in the field of quantum computing. Although commercialization is still far off, it has already sparked a wave of market activity in the US stock market.
On Monday, trading enthusiasm for quantum computing stocks surged dramatically. In terms of dollar trading volume, Rigetti Computing's volume surpassed that of the US Treasury ETF TLT, IonQ's volume exceeded that of JPMorgan, Quantum Computing's volume surpassed Intel, and D-Wave Quantum's volume exceeded Berkshire Hathaway, led by Buffett.
Among them, Quantum Computing led the quantum stocks, soaring 65.25% overnight, with a cumulative increase of over 360% in the past month; D-Wave Quantum rose 45% overnight, soaring over 400% in the past month; Rigetti Computing jumped nearly 18% overnight, with a cumulative increase of 548% in the past month!
IonQ surged 23% to $41.81 in Monday's trading, with a cumulative increase of 66% in the past month. On Monday, Morgan Stanley raised IonQ's target price from $14.90 to more than double to $37.