Underestimated Quantum Chain $QTUM
Recently, there has been a continuous stream 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 trading volume in US dollars, Rigetti Computing's trading volume exceeded that of the US Treasury ETF TLT, IonQ's trading volume surpassed that of JPMorgan, Quantum Computing's trading volume outperformed Intel, and D-Wave Quantum's trading volume surpassed Berkshire Hathaway owned 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 increased 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 over $37, more than doubling it.